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Latest Articles in oyo rooms

OYO Says Annual Loss Grew Over Six-Fold On China Expansion

SoftBank Group was almost wiped out as it faced losses at its $100 billion Vision Fund, its results last week showed, which came months after its bailout of loss-making startup WeWork.

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OYO India Hosts 6.5 Million Guests In January

The company continues to deliver on its promise of doubling down efforts in providing enhanced customer experience as part of its 2020 priorities.

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Bill Gates Is Someone I Am Inspired By: Ritesh Agarwal, Founder and CEO, OYO Rooms

In a free-wheeling interview with Annurag Batra, Chairman and Editor-in-Chief, BW Businessworld, Ritesh Agarwal, Founder and CEO, OYO Rooms talks about the future of OYO Rooms, his perception of being an Indian and more.

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Playing the Long Game

India’s home-grown budget hotel chain OYO has entered 2020 with over a million rooms under its belt and a new determination to take brand OYO to greater heights

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Shaken, Stirred But Still Stable

In this issue, we attempt an insight into the OYO story and the outlook for the company in 2020.

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Tax Officials Conduct Surprise Search At Softbank-Backed Oyo

In November, internal projections showed Oyo’s India business will likely make losses until 2021.

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OYO Elevates Aditya Ghosh To The Board

In his new role at the board, Aditya will provide the strength of governance and leadership that scales sustainably on the path to profitability with higher expectations from consumers, asset owners, investors and employees.

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An Ode To The Millennials

The writing on the wall (FB wall that is) is very clear. Shape up or ship out. Welcome to a brave new world.

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Oyo Appoints Mandar Vaidya As CEO For Southeast Asia And The Middle East

This appointment comes as a part of the company’s efforts to continue to invest in and attract world-class leadership, as part of its ongoing focus to drive accelerated growth in two of its high potential markets - Southeast Asia and the Middle East.

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Airbnb Invests In OYO's Series E Funding Round

The investment will give Airbnb access to a variety of franchised or leased hotels, helping it lure travellers who have shied away from the risks and quirks of renting a stranger's home.

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FHRAI Frenzy Misplaced; Will Lead To Price Increase Upto 40%

In the revert of the allegations, OYO has given a statement by adding that the allegations are based on invalid claims by certain bodies, that seem to have been misleading the apex body

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Grab Invests $100 Million In Indian Hotel Startup OYO: Source

The investment by Grab is part of the $1 billion fund raise OYO announced in September in a bid to grow its business in India and China, and expand into new international markets

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Oyo Hotels Adds 180,000 Rooms In China In One Year

The expansion is in line with Oyo Hotel’s vision to create beautiful living spaces for travelers while driving high yields for asset owners

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Oyo Witnesses 73% YoY Growth In Bookings During Winter Holidays

Oyo has witnessed a 73% year-on-year growth in bookings ahead of the winter vacations

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Oyo Hands Integrated Media Mandate To Havas Media

The account will be handled out of the agency’s Gurgaon office led by Uday Mohan, Managing Partner - North and East India

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