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3 mins read
Hyderabad, Texas, Bandung and London among most-booked destinations in 2022, as per OYO
Globally, leisure trips dominated in 2022, while in India, business trips and spiritual travel also…
3 mins read
August has a long weekend and Indian consumers are packing their bags to travel to Goa and Bali
Goa is where everyone’s headed for the long weekends in August.
2 mins read
OYO raised $660 million in debt funding to repay past debts
OYO has raised $660 million in debt from undisclosed institutional investors as the Gurugram-based …
3 mins read
Post Covid travel boom helps OYO revive its IPO plans
Global hospitality services platform OYO filed an addendum to its draft red herring prospectus subm…
3 mins read
Gen Zs & Millennials aid spiritual & wellness-driven tourism recovery in India
A survey by travel agency Agoda found wellness to be one of the top three motivations for Indians t…
2 mins read
Consumers are taking more shorter trips through the year says OYO
Indian travelers have now switched to more frequent shorter domestic trips instead of planning elab…
1 min read
OYO rolls out a discount for Mumbai’s stranded commuters as the city stays on orange alert till July 14
Heavy showers in India’s financial capital lead to water-logging at a number of places including…
4 mins read
Varanasi, Tirupati, Puri are top travel destinations, as spiritual tourism gains favour -OYO
Northern India has emerged as the most favoured spiritual travel destination followed by Southern, …
4 mins read
Indians are travelling again! OYO saw a 72% surge in bookings for destinations like Jaipur, Goa and Kochi during the long weekend
Here is a list of the most popular travel destinations.
2 mins read
This is how OYO became profitable at operating level in Q1FY23, reveals Jefferies
As hospitality major OYO firms up plans for its initial public offering (IPO), financial services c…
4 mins read
OYO is now targeting families through its communications to ring in its next phase of growth
How OYO, a hospitality brand, managed to win a million hearts with its campaign promoting travel du…
6 mins read
Over 8.5 million new user bookings were made on the OYO app and website in 2020: Rohit Kapoor
Rohit Kapoor, CEO, OYO Hotels & Homes, India & South Asia tells us about India's favourite tourist …
2 mins read
OYO founder Ritesh Agarwal announces ESOPs worth ₹130 crore for furloughed employees
Indian hospitality unicorn OYO has allotted ESOPs (employee stock ownership plan) worth ₹130 crore …
2 mins read
IPO-bound OYO acquires Denmark's holiday home chain Bornholmske Feriehuse
In line with its commitment to the 'Invest in Denmark' initiative, online hospitality major OYO has…
3 mins read
It's not just Zostel, OYO has 20 other lawsuits to fight
OYO — in its DRHP for the $1.2 billion IPO — had noted that the number of legal disputes, lawsuits …
2 mins read
SBI’s former chairperson Rajnish Kumar joins OYO’s board ahead of IPO
Hotel and hospitality firm OYO — which is expected to go for an initial public offering (IPO) soon …
3 mins read
Ritesh Agarwal-led OYO files preliminary papers for its $1.2 billion IPO
According to documents seen by Business Insider, the Gurugram-based startup aims to raise ₹7,000…
2 mins read
70% of OYO hotels in China have reopened — and bookings are rising slowly, the company says
While 70% of OYO hotels in China are now operational, it plans to open the remaining hotels in the …
2 mins read
OYO’s valuation nears $10 billion with Microsoft’s $5 million investment
Global tech giant Microsoft has invested $5 million in hotel and hospitality business OYO, reported…
2 mins read
OYO is looking to hire over 300 engineers in the next 6 months to clear ‘path to profitability’
OYO claims to be headed for the “path to profitability” by doubling down on its tech and product te…