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OYO PREMIUM HOTELS
OYO Assets plans to acquire 12 hotels in next six monthsOYO parent PRISM-backed OYO Assets plans to acquire 12 hotels in H2 of this financial year to expand its premium and mid-premium portfolio,...
Oyo parent Prism launches 'CheckIn' app for premium hotels, homesPrism, Oyo’s parent company, has launched a new app called CheckIn for its premium hotels and homes globally. The app features high-end bra...
IPO-bound Oyo eyes doubling of revenue from company serviced hotels by FY26Oyo introduced company-serviced hotels in FY23, initially contributing less than 2% of its booking revenue. Since then, the rapid expansion...
IPO-bound Oyo seeks to rename parent firm to pursue premiumisationCompant founder Ritesh Agarwal shared that it should be a bold, one-word corporate name, global in feel, not tied to one culture or languag...
Oyo to launch a separate app for premium hotelsOyo is reportedly developing a separate app for its premium hotels and company-serviced properties, aiming to showcase its evolution beyond...
Oyo to invest £50 million in the UK for growth in premium segment propertiesOyo is set to invest £50 million in the UK over the next three years, focusing on expanding its premium hotel portfolio. This investment is...
Oyo to invest £50 million in UK to expand premium hotel portfolioOyo, the travel tech unicorn stated that the investment is expected to create 1,000 jobs in the UK hospitality sector over the next three y...
Oyo parent, Oravel launch premium hotels in UK & Middle EastOyo's parent company, Oravel Stays Limited, launched its premium hotel brand, SUNDAY, in the UK and Dubai. The UK property, a restored hist...
Oyo parent Oravel Stays plans to open 25 premium hotels this fiscalOravel Stays, the parent company of OYO, announced plans to expand its premium SUNDAY Hotels brand with 25 new openings across Gurgaon, Man...
SUNDAY Hotel to open 25 premium hotels in India in by March 2025SUNDAY Hotels, a premium brand of hotels was originally launched in May 2023 through a joint venture between the Softbank Group and Oravel ...
OYO opens first luxury hotel in Dubai, eyes boosting premium property portfolioOYO announced the opening of its first luxury hotel in Dubai, Palette Royal Reflections Hotel and Spa, targeting Indian tourists after Duba...
Oyo restarts self-operated hotels, targets 200 new propertiesOyo closed its self-operated hotel model in 2020, just before the start of the first wave of COVID-19, and is restarting after three years.
Oyo to end FY24 with 1500 'Super Oyos'Oyo said it is supporting its hotel partners to improve consistently in experience and aims to end financial year 2024 with over 1500 hotel...
Oyo checks into premium resorts and hotels space with PaletteOyo said Palette resorts will be located in popular leisure destinations across India, while also catering to business leisure or bleisure ...
Oyo tells employees it expects nearly Rs 800 crore adjusted EBITDA in FY24People familiar with the matter said Agarwal told staffers during the town hall that this can be attributed to 'sustained growth' in India,...
Oyo rolls out accelerator programme for small first-gen hoteliersThe focus of the programme is on increasing the footprint of brands like Townhouse Oak, OYO Townhouse, Collection O and Capital O.
Oyo plans to double premium hotels in India this yearOyo plans to add approximately 1800 premium hotels this year. Oyo’s focus on premium hotels started in the last quarter of 2022 when it add...
OYO partners Mountania Developers to open its first upscale hotel in AhmedabadMountania Developers has acquired the 64-suites property in Ahmedabad which will be operated under OYO brand.
Oyo to partner with other companies for acquiring, leasing or managing four star hotels in IndiaAnchored by SoftBank, Oyo is in talks to raise another round of funds in the range of $1-1.5 billion at a valuation of $12.5 billion.
OYO reaches out to Hilton and AccorSources said OYO was also planning to focus more on its new category 'flagship' through which it controls 100 per cent inventory of the hot...