Oyo to shut doors on 2,400 Indian staffers, may let go more in MarchLayoffs will be in mid-management, business development, sales and operations roles, & tech teams.
Oyo to end unprofitable contracts as SoftBank sets pre-IPO deadlineThe company runs about 800 hotels under a self-operated business model, where it makes investments and has leasing arrangements with proper...
Books, movies, biz & life lessons: Harsh Goenka, Anita Dongre and other top bosses do a 2019 #ReUpThe industry leaders also revealed their resolutions for 2020.
Oyo appoints former McKinsey executive as COOGupta is entrusted with the responsibility to strengthen and consolidate existing opportunities in the co-living, student housing, self-ope...
OYO Hotels & Homes to expand operations across West BengalThe startup began Kolkata operations in 2015 and has since then expanded its footprint to over 400 plus hotels and 7,000 rooms.
OYO commits $300 million investment in the US for growthCompany says it now operates 50-plus properties in 35 cities across 10 states, and will enter New York, Los Angeles and San Francisco next.
MakeMyTrip picks up majority stake in Quest2TravelThe transaction signals increasing opportunities for India’s largest travel operators and hospitality companies, including Make-MyTrip, whi...
OYO to scale up its SilverKey hotels portfolio to 19 cities across IndiaFor OYO, the decision to expand comes soon after it said it had committed Rs 1,400 crore towards its core Indian market, having raised an e...
Oyo in talks to acquire China’s QianyuThe developments come at a time when Oyo has referred to China as its second home market and has said that its Chinese subsidiary, Oyo Jiud...
OYO-MakeMyTrip extend commercial agreement for a further five-year period.The agreement between the two Gurgaon-based companies, both leaders in their respective segment, was first inked in February last year.
Oyo makes a Rs 1,400-crore booking for your stayApart from Collection O, the portfolio includes Oyo Rooms, Townhouse, SilverKey, Capital O and Palette Resorts. In the homestay segment, Oy...
Oyo in talks with LA firm to buy Keys HotelsKeys Hotels had been scouting for buyers for a few years and has an estimated debt of about Rs 160 crore.
OYO launches customer membership programme WizardThe membership entitles its members for 5% instant discount on current booking and instant rewards in the form of OYO Money.
Commodity outlook: Nickel setup bullish, buy crude oil on dipsHere’s a lowdown on the outlook of different commodities by Motilal Oswal Securities.
Oyo may soon start planning your wedding, parties with its Auto PartyThe company plans to offer integrated services like banqueting space, catering and decor along with dedicated event planners for clients an...
OYO forays into holiday packages, targets 10% salesIn the holiday package segment, OYO is mainly targeting couples, families and friends travelling together between 25-45 years.
OYO partners Royal Challengers BangaloreWith this deal, OYO becomes one of RCB’s direct sponsors until December. OYO will also give away free tickets to RCB matches and will also ...