Oyo
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Jobs
COVID-19: OYO to lay off several furloughed employees in US
NEW DELHI: Hospitality major OYO that announced furloughs or temporary leaves for its employees in the US in April has now confirmed that “large majority” of them would be laid…
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Technology
OYO announces bug bounty programme to strengthen security
New Delhi: Hospitality unicorn OYO has said that it will introduce a bug bounty programme towards ensuring that there is a credible and continuous flow of positive feedback from independent…
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Business
OYO logs FY19 revenue of $951 mn, net loss at $335 mn
New Delhi: OYO Hotels and Homes on Monday reported a consolidated revenue of $951 million for the financial year 2018-19, over fourfold increase from $211 million as reported in the…
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Business
OYO India sales hit $604mn, losses down to 14% in FY2019
NEW DELHI: Hospitality unicorn OYO Hotels & Homes on Monday announced that its standalone losses in India went down from 24 per cent in the financial year 2018 to 14…
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Business
Committed to growing the right way: Oyo
New Delhi: Hospitality chain Oyo said on Saturday that it is committed to “growing the right way” by meeting the needs of property owners and guests. Oyo issued a statement…
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Bangalore News
Oyo Life aims for 1,00,000 bed count by 2019-end
Bengaluru: Oyo Life, a long-term rental solutions player, aims to provide 1,00,000 beds by 2019-end, the company said on Thursday. “We expect the co-living market to continue to grow further,…
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Business
OYO to raise $1.5 billion in Series F funding
NEW DELHI: OYO Hotels & Homes on Monday announced that it would raise $1.5 billion in the Series F funding round, whereby RA Hospitality Holdings will infuse approximately $700 million…
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News
OYO acquires Danish data science firm Danamica
NEW DELHI: OYO Hotels & Homes has acquired Danamica, a Copenhagen-based data science company for an undisclosed amount. “OYO Hotels & Homes, the world’s third-largest and fastest-growing hotel chain, has…
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Kashmir
OYO denies room to Kashmiri doctor
A 24-year-old Kashmiri doctor was allegedly denied an OYO-affiliated hotel room over his identity. Taking sou motu notice, Delhi Minorities Commission on Wednesday has issued a notice to OYO company saying that “This…
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Business
OYO’s Collection O Hotels reaches milestone 175 buildings in 3 months
New Delhi: OYO Hotels and Homes, South Asia’s largest and the world’s 3rd largest and fastest-growing chain of fully-operated, franchised and leased hotels, homes, announced that within a span of…
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Business
OYO hotels enter strategic partnership with China’s Meituan
New Delhi: OYO Hotels and Homes, the world’s sixth largest and fastest-growing chain of leased and franchised hotels, homes and living spaces, has today announced a year-long strategic partnership with…
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Business
Reiterating its commitment to safety, OYO India makes key senior hires
New Delhi: OYO Hotels and Homes, South Asia’s largest, China’s second largest, and the world’s sixth largest and fastest-growing chain of leased and franchised hotels, homes and living spaces, as…
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News
OYO to acquire Amsterdam-based @Leisure Group for $415 mn
New Delhi: In line with its aim to become a global market leader, India’s largest hotel chain OYO will acquire Amsterdam-based @Leisure Group for $415 million. OYO on Wednesday said…
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Business
OYO launches initiative for asset owners’ growth
NEW DELHI: OYO Hotels & Homes on Thursday launched the Open Partner Engagement Network (OPEN), an initiative for a year, to help its asset-owner partners in the country in growing…
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