Happy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...

PRISM, the company behind Oyo, has launched 38 Studio 6 extended stay hotels across the United States. This expansion follows PRISM's acqui...

The venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...

Oyo introduced company-serviced hotels in FY23, initially contributing less than 2% of its booking revenue. Since then, the rapid expansion...

SoftBank says the decision was made jointly with Oyo due to challenges brought about by the coronavirus pandemic, and that it would no long...

Agarwal was talking to employees in India, US, Japan, China and other markets in a 'fireside chat' session alongside board member Troy Alst...

In China occupancies continue to grow steadily and are in the mid-forties. Given the fluid Covid situation, any talk of bounceback needs ad...

Oyo stated in the letter that since hotel revenues have dwindled and are unlikely to improve in the next few months it is constrained to ex...

When Oyo was everyone’s favourite startup, there would be regular reports of the company aggressively entering newer markets. In the last t...

The company runs about 800 hotels under a self-operated business model, where it makes investments and has leasing arrangements with proper...

At the time of entry, the properties will be operated under models of manchise, lease with full - inventory control similar to other market...

The brand, priced higher than the more pocket-friendly OYO Rooms, is targeted at millennial business travellers and offers amenities like a...

Starting its operations with four properties in London that would offer about 80 rooms, OYO plans to take the number to more than 5,000 roo...

In the past, partner hotels have witnessed an increase in revenue and occupancy levels after becoming a part of OYO’s chain of hotels.

The hotels that were part of the aggregation model have converted into franchises. The shift was mainly to reduce operational costs and imp...

OYO trimmed its losses to Rs 325 crore in the 2016-17 from Rs 496 cr in the previous year, according to a blog posting on its website by CF...

Gurugram-based firm will hire through the recruitment process outsourcing route. It has entered into a 7-year multi-million dollar contract...