HBI Staff | Hyderabad
Travel tech giant OYO has announced plans to expand its presence in India’s religious tourism hotspots by adding 500 hotels across key pilgrimage destinations in 2025. This strategic move comes as religious tourism continues to
HBI Staff | Hyderabad
Oyo, the hospitality startup known for its affordable and flexible accommodation offerings, is gearing up to file its draft red herring prospectus (DRHP) by the first quarter of the next financial year, marking its third
HBI Staff | Hyderabad
OYO Hotels and Homes Pvt Ltd, a major player in the hospitality sector, reported a net profit of INR 114.64 crore for FY24, marking a significant turnaround from the net loss recorded in FY23. This
HBI Staff | Hyderabad
Global travel tech company OYO has completed its acquisition of G6 Hospitality, operators of the iconic Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million, marking a significant milestone in expanding
HBI Staff | Hyderabad
Global hospitality technology company OYO has announced that its company serviced hotels business has recorded 250% growth within a year of its launch. OYO has added 700 company serviced hotels since their launch in September
HBI Staff | Hyderabad
Oravel Stays, the parent company of global travel technology firm OYO, has announced its acquisition of G6 Hospitality, the leading economy lodging franchisor that operates the iconic Motel 6 and Studio 6 brands. The all-cash
HBI Staff | Hyderabad
Ritesh Agarwal, founder & group CEO of travel-tech company OYO, recently joined forces with global influencer Nuseir Yassin’s (popularly known as NAS) creator platform NAS.io and online learning portal BackToBackSWE for the 7-Day Startup Challenge,
HBI Staff | Hyderabad
According to INC42 ,IPO-bound hospitality unicorn OYO achieved profitability in the financial year 2023-24 (FY24), posting a net profit of INR 229.5 Cr, a significant turnaround from the previous year’s net loss of INR 1,286.5
HBI Staff | Hyderabad
According to Business Standard,Oyo, the multinational hospitality chain poised for a public listing, aims to triple its profit after tax (PAT) to over INR 700 crore for the current financial year, according to founder Ritesh
HBI Staff | Hyderabad
According to PTI, OYO has announced the launch of its first luxury hotel in Dubai, the Palette Royal Reflections Hotel and Spa, aiming to attract the growing number of Indian tourists visiting the Gulf city.
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