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Oyo Rooms News
OYO’s mid-segment sees 92% traction in 3 months; attracts over 300 corporate brands
Fri, Jul 12, 2019
With 85 percent occupancy on average, Collection O, OYO's mid-segment portfolio, has witnessed a 92 percent traction from repeat customers in India in the previous quarter (April - June 2019), the startup said.
GoAir smart deals: Flyers can avail OYO, Myntra, ZoomCar offer till this date!
Tue, Jun 18, 2019
GoAir has come out with an amazing scheme under which flyers can book their flight tickets on GoAir website or GoAir app to avail these fabulous offers provided by OYO, Myntra and ZoomCar.
OYO to acquire Amsterdam-based @Leisure Group for $415 mn
Wed, May 01, 2019
Hospitality firm OYO has agreed to acquire Amsterdam-based vacation rental company @Leisure Group from Axel Springer for an estimated USD 415 million (over Rs 2,885 crore).
OYO Near You: OYO unveils new initiative for customers
Mon, Apr 22, 2019
Hospitality firm OYO Monday said it has launched a new initiative 'OYO Near You' through which it will curate experiences for customers in Delhi-NCR.
Oyo Jobs! This startup generated 100,000 jobs, says will double it in 2020
Wed, Apr 10, 2019
Hospitality firm OYO today said it has created over a lakh direct and indirect jobs in India and is aiming to double the number by 2020.
Best companies to work for in India: Flipkart, OYO, Paytm, Swiggy among Top 10
Sun, Apr 07, 2019
Best companies to work for in India: The job scenario, as well as preferences of job seekers, have changed these days as compared to what it was a decade back.
Airbnb to invest $100-200 million in OYO - What we know so far
Mon, Apr 01, 2019
Home-renting company Airbnb will invest between $100 and $200 million in SoftBank Group-backed Indian hotel start-up OYO.
OYO threat: Boycott of bookings by hotels will invite legal action
Fri, Jan 11, 2019
Hospitality firm OYO Thursday said it would take strict legal action for breach of contract against any hotel on its platform that boycotts bookings under the influence of small vested interest groups.
FHRAI warns OYO of action for contract breaches; firm strongly denies allegation
Mon, Dec 10, 2018
After putting online travel aggregator MakeMyTrip on notice, the Federation of Hotel and Restaurant Associations of India (FHRAI) Monday warned OYO of action, alleging large-scale breach of contracts, jeopardising consumers safety and violation of laws by the hospitality firm.
'Couples,solo travellers make 45% of winter vacation bookings'
Thu, Oct 25, 2018
Goa, Jaipur, Udaipur, Mumbai, Kolkata, Delhi and Shimla have emerged as the most preferred domestic destinations for couples and solo travellers for the upcoming winter vacations, with over 45 per cent travel bookings made by them, a report said.
Oyo to offer 10,000 jobs in UAE; expands international presence
Mon, Oct 15, 2018
India's largest hospitality company currently operates 1,200 rooms in the UAE and reportedly aims to have 12,000 keys added to its UAE portfolio by 2020. The company hopes the number of hotels under franchise and lease management will reach 150 across the UAE by 2020, said the report, adding that the firm operates rooms in Dubai, Sharjah and Fujairah.
India venture capital market saw investments of over $2 bn: KPMG
Sun, Oct 14, 2018
India's venture capital market saw large sequential growth during the third quarter of 2018 with over USD 2 billion being invested, according to a report by KPMG.
SoftBank, others hand over $1 bn to OYO chief Ritesh Agarwal
Wed, Sep 26, 2018
OYO founder and chief executive officer Ritesh Agarwal on Tuesday made a major mark in the Indian start-up space when the new-age firm for booking reliable rooms announced raising $1 billion in the Series E round.
This 24-year-old Indian has raised Rs 7200 crore to expand footprints in China, UK and more
Tue, Sep 25, 2018
Oyo Hotels, an Indian startup for booking reliable rooms online, on Tuesday announced a capital raise of USD 1 billion.
OYO traps the Chinese market, starts operations in 26 cities
Wed, Jun 20, 2018
Hospitality firm OYO today said it has forayed in China as part of its overseas expansion plans, reports PTI. The company said in a statement that after its successful venture into Nepal and Malaysia, China is OYO's third overseas market.
WhatsApp for Business: BookMyShow now sends confirmatory messages for movie tickets via this app; here’s what’s next
Fri, Sep 01, 2017
WhatsApp has rolled out its WhatsApp for Businesses with BookMyShow. With WhatsApp Payments will the app become one-stop shop for businesses in India?
Bengaluru, Delhi, Mumbai start-ups received nearly 80% of funding deals in last 5 years
Wed, Aug 23, 2017
Bengaluru and Delhi start-ups received most of the funding during the last 5 years, with a majority of the start-up unicorns in these cities.
PM Modi to meet Paytm, Myntra, BigBasket and 200 startup owners today
Thu, Aug 17, 2017
PM Modi is expected to meet with startup owners in India today.
MobiKwik to invest Rs 300 crore to expand network, grow user base, launch financial services
Fri, Feb 24, 2017
Mobile wallet company MobiKwik announced on Thurday to invest Rs 300 crore in 2017 for funding its loyalty initiatives, expanding its reach and network, and launching other financial services such as loans and investments on its platform.
OYO to expand Asia footprint; introduces concierge service
Sun, Jan 15, 2017
Online budget network of hotels OYO is planning to expand its footprints in South Asia and South East Asia, besides strengthening its service by introducing a concierge service called OYO Captains.