• November 7, 2024
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OYO Acquires G6 Hospitality, Parent Company of Motel 6, in USD525 Million Deal

OYO Acquires G6 Hospitality, Parent Company of Motel 6, in USD525 Million Deal

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

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OYO founder Ritesh Agarwal’s ‘7-Day Startup Challenge’ rewards emerging innovators

OYO founder Ritesh Agarwal’s ‘7-Day Startup Challenge’ rewards emerging innovators

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,

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OYO Turns Profitable in FY24 with Net Profit of INR 229.5 Cr, Cuts Employee Costs to Control Expenses

OYO Turns Profitable in FY24 with Net Profit of INR 229.5 Cr, Cuts Employee Costs to Control Expenses

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

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Oyo Aims to Triple Profit to Over INR 700 Crore Ahead of Public Listing

Oyo Aims to Triple Profit to Over INR 700 Crore Ahead of Public Listing

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

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OYO Opens First Luxury Hotel in Dubai, Targeting Indian Tourists

OYO Opens First Luxury Hotel in Dubai, Targeting Indian Tourists

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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OYO in Advanced Talks to Raise INR 1,000 Cr in Fresh Funding

OYO in Advanced Talks to Raise INR 1,000 Cr in Fresh Funding

According to ET, Hospitality giant OYO is reportedly in advanced discussions to raise around INR 1,000 crore in fresh funding, just weeks after withdrawing its IPO application. According to sources cited by ET, family offices

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OYO launches ‘CricOtel’, a cricket-themed hotel in Bangalore

OYO launches ‘CricOtel’, a cricket-themed hotel in Bangalore

 With the cricket season in full swing and the T20 World Cup on the horizon, the global travel technology company OYO has a special treat for fans. The company has announced the launch of CricOtel,

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OYO Unveils Loyalty Program Inspired by Shark Tank

OYO Unveils Loyalty Program Inspired by Shark Tank

OYO introduced Wizard Shark, a Limited-Edition Loyalty Program, following CEO Ritesh Agarwal's appearance on Shark Tank India recently. Priced at INR 1, the Program Offers Exclusive Benefits such as guaranteed discounts, upgrades and rewards. Customers

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OYO ventures into sports hospitality business, identifies 100 hotels in 12 key cities

OYO ventures into sports hospitality business, identifies 100 hotels in 12 key cities

OYO revealed its entry into the sports hospitality sector by shortlisting 100 hotels across 12 cities, such as Delhi, Chennai, and Bangalore, to serve the needs of major sports gatherings. The sports hospitality business aims

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OYO partners with organisations supporting differently abled talent across India

OYO partners with organisations supporting differently abled talent across India

Becomes accommodation partners of Khelo India Para Games, Para Kabaddi Impact Tournament and Divya Kala Mela Travel-tech company OYO is offering accommodation to approximately 150 differently abled artisans and entrepreneurs participating in the ongoing Divya

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