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4 mins read
Ritesh Agarwal imagines robots at OYO hotels while wondering when India will travel again
Will India travel again? The answer is a resounding yes! However, the one question we do not have a…
2 mins read
“Goa may be the new Thailand, ” says Ritesh Agarwal as OYO pivots to a new strategy — ‘driving, and not flying, destinations’
Agarwal said that within the travel industry, aviation is impacted the most. With people not r…
2 mins read
OYO partnered with local NGOs to lead food drive for those affected by Cyclone Amphan
Jagorani Foundation in association with OYO is conducting the drive in the Sundarbans at the…
2 mins read
EXCLUSIVE: OYO brings on board former Starbucks COO Troy Alstead
Indian hospitality unicorn OYO has another addition to its board of advisors – Troy Alstead, former…
2 mins read
OYO to offer free stay to doctors and healthcare professionals in the US, says Ivanka Trump
Indian hotel chain OYO Hotels & Homes is offering free stay to doctors and healthcare providers…
2 mins read
OYO reportedly invokes ‘Act of God’ clause to suspend payments to hotel owners says report
According to the report, OYO in a letter to hoteliers has ‘proposed a revenue share model that s…
1 min read
OYO’s Ritesh Agarwal joins the long list of founders who have turned investors
The fund is headed by Gaurav Gulati, the former Chief Operating Officer of Innov8, which was acq…
1 min read
Ritesh Agarwal to take a 100% pay cut, OYO sets up a welfare fund for Corona-hit hotel partners
The already troubled OYO, which was on a path towards profitability, now has another massive challe…
2 mins read
OYO employees have collected ₹1 crore to help Chinese colleagues affected by coronavirus
Ritesh Agarwal, founder and CEO, OYO, has said that a fund of over 1 mn RMB (around ₹1 crore) ha…
2 mins read
Ritesh Agarwal ready to offer OYO rooms as quarantine centres as Coronavirus spreads
As of September 2019, OYO had over 18,000 hotels in India with 270,000 rooms. It is present in…
3 mins read
OYO claims it has turned around its Japan business – calls 2020 ‘the year’ to focus on profitability
It has been a difficult year for the Indian unicorn OYO. From laying off hundreds of employees acro…
3 mins read
Exclusive: Income Tax search at Ritesh Agarwal-led OYO’s headquarters in India
More trouble for Indian hospitality unicorn OYO. Income tax officials searched the headquarters of …
2 mins read
US President Donald Trump meets OYO founder Ritesh Agarwal, tells him ‘good job’
US President Donald Trump was in India for 36 hours and his last leg of the tour included meeting b…
2 mins read
Masayoshi Son reportedly called OYO's Ritesh Agarwal as "the little brother" of the infamous Adam Neumann who wrecked WeWork
There have been several reports that it was Son who pressurised OYO on the fast growth pha…
2 mins read
We don't Work under Softbank's guidance, insists OYO Board member
However, there have been rumours in the market that its investor Softbank has been to turn towar…
2 mins read
OYO reveals numbers to show that the cash burn had reduced sharply even before the mass layoffs
Indian hospitality unicorn OYO says that its revenue grew more than four times in the year ending M…
2 mins read
OYO makes room for love with a 90% jump in bookings for Valentine’s Day
The troubled OYO, which has laid off thousands of employees while complaints from hotel owners are …
2 mins read
OYO now plans to layoff 2,000 employees, the company says it may ‘replace some candidates’
Yet, OYO continues to maintain that it is one of the “best places to work”. "OYO continuousl…
2 mins read
Bizarre! The more losses Oyo makes, the more valuable it gets
Indian hospitality unicorn OYO, backed by Japanese billionaire Masayoshi Son’s Softbank Vision Fund…
6 mins read
Here's how OYO is enabling micro-entrepreneurship and creating crorepatis—many of them are from Gujarat
OYO Hotels & Homes, the world’s second-largest and fastest-growing chain of hotels, homes, ma…