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LONG STAYS OYO
Indian corporations poised to become large brand owners in US: Oyo founder Ritesh AgarwalIndian companies are poised to become significant brand owners in the United States. This shift will enhance India's global influence beyon...- Oyo parent PRISM's G6 Hospitality launches 38 new hotels across the USPRISM, the company behind Oyo, has launched 38 Studio 6 extended stay hotels across the United States. This expansion follows PRISM's acqui...
- Oyo changes corporate entity name to PrismOravel Stays, parent of Oyo, has rebranded as Prism to reflect its global portfolio across hotels, vacation homes, and coworking spaces. Pr...
- Oyo rebrands corporate name to PRISM to reflect global expansionOravel Stays Limited, known as Oyo, has rebranded to PRISM, reflecting its evolution into a diversified global travel-tech, hospitality, an...
- IPO-bound Oyo to consider 1:1 bonus issue; unlisted shares rise 25% in 1 monthOravel Stays Ltd (Oyo), gearing up for its IPO, has revealed that its board will deliberate on issuing bonus shares at a ratio of 1:1. This...
- OYO adds 3,500 corporate clients in FY25OYO's business accelerator division experienced a 20% year-on-year growth, adding 3,500 new corporate clients in FY25, now totaling over 6,...
- Moody's upgrades OYO parent Oravel Stays rating; outlook stableMoody's Ratings has upgraded the corporate family rating (CFR) of Oravel Stays Limited -- travel tech platform OYO's parent firm -- and the...
- Deutsche Bank to refinance Oyo's Term Loan BOyo is refinancing its $450 million debt and adding $375 million to acquire G6 Hospitality. Moody's upgraded Oyo's rating to B2, projecting...
- Southeast Asian nations top choice for Indians travelling abroad this summer: SurveySoutheast Asian countries are top choices for Indian travelers for short vacations, with Bali, Pattaya, and Bangkok being popular destinati...
- Fitch revises outlook on Oyo's IDRs to positive from stableFitch said it has also affirmed the rating on the $660 million senior secured term loan facility due 2026, issued by Oyo's fully owned subs...
- SoftBank’s Masayoshi Son to join PM Modi at Oyo founder’s weddingHowever, Son’s presence is creating complexities for organisers of the New Delhi wedding reception. The 65-year-old, who increasingly prefe...
- Oyo is raising a loan that’s seen as a precursor to listingOyo Rooms is in the process of raising around Rs 4,400 crore from a bunch of international investors through a Term Loan B (TLB) issuance, ...
- Oyo's co-living arm offers 20% discounts on monthly rent to customers opting for long term stayTo provide digital learning to residents during the COVID-19 pandemic, Oyo Life has partnered with Harappa to provide exclusive courses suc...
- Oyo partners with Unilever for sanitised staysThe company said these include upgraded in-progress protocols using Unilever products like deep cleaning and disinfecting in-room high touc...
- Oyo, Unilever join hands to enhance 'Sanitised Stays' initiativeOyo is confident that its guests will have a quality and stress-free experience with 'Oyo Sanitised Stays' with Unilever's leading home and...
- Oyo Life starts co-living operations in KolkataThe company hopes to revolutionise the housing and long term rental offerings with its hassle-free, and technology-driven rental housing pr...
- Oyo rebrands Oyo Living to Oyo LifeOyo said the adoption of the Oyo Life brand and transitioning from its previous identity has begun globally, starting with Japan.
- Oyo forays into long-term rental sector, targets young professionals migrating to new citiesThe division has on-boarded about 36 properties with 2,000 beds, and the plan is to scale it to about 50,000 beds in the next one year acro...
- OYO in talks for partnerships with realty playersThe SoftBank-backed company is betting big on this category, which will come under its budget brand 'OYO Rooms', and is in advanced talks f...
- OYO Rooms to woo customers with new food technology venture and housekeeping serviceWith OYO Cafe, the company will aggregate its listed hotels’ kitchens to prepare food, which it will sell under its own brand.
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