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Oyo partners Yatra to expand business travel offeringsOyo is planning to add 1,000 more company serviced hotels for booking on Yatra's platform by September this year, the company said in a sta...
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...
Billionaire Taylor Swift has $80 million worth of mansions spread across the U.S.; where are they located, and when does she use them?Taylor Swift owns $80 million worth of luxury real estate in the United States. Each property reflects her personal style and serves a spec...
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 add 750 hotels on its platform in next three months to tap peak travel seasonOyo said its key focus markets are Goa, Jaipur, Mussoorie, Rishikesh, Katra, Puri, Shimla, Nainital, Udaipur, and Mount Abu for the new hot...
Oyo enters premium resorts, hotels category, launches Palette brandThe company has started 10 Palette resorts as a pilot in Jaipur, Hyderabad, Digha, Mumbai, Chennai, Manesar and Bangalore. It will add 40 m...
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 to add over 1000 hotels under Accelerator Programme by DecemberOyo said it also plans to add over 100 first generation hoteliers operating these hotels across India.
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 records 83% YoY growth in business travel, Delhi emerged as most booked cityOyo said Delhi has emerged as the most booked business city, closely followed by Hyderabad. The other top cities in terms of bookings are B...
Oyo plans to add around 400 properties in leisure markets by the end of this calendar yearThe company has added around 600 properties in leisure destinations so far this year. It will focus on 19 leisure markets such as Goa, Shim...
Oyo Rooms in talks to raise funds from Softbank, may enter unicorn clubThe deal will also give SoftBank — founded by Masayoshi Son — a larger role in the Indian travel market, where online penetration is much h...