From a single city in 2013 to five cities in December 2014 & from 20 cities in May 2015 to adding 43 more cities in July 2015. The story of OYO and how it has expanded like a ninja is known to ...
Ritesh Agarwal’s online marketplace for affordable stays, OYO Rooms, received $100 million in funding from SoftBank earlier this week. Agarwal is 21, and demographically aligned to a youthful country ...
Oyo Rooms has been a game-changer in the hotel industry. With its innovative business model, the company has managed to capture the attention of the Indian consumer. Oyo disrupted the hotel sector by ...
The OYO-ZO Rooms’ battle is now getting fiercer and the ball is steadily moving towards OYO’s court. Reportedly, a Gurugram-based district court has rejected an arbitration petition filed by budget ...
Oyo's revenue grew 350 percent year over year in fiscal year 2019 to $951 million, but losses totaled $335 million Focusing in 2020 on improving customer and partner relations, and on growth that ...
OYO Rooms founder believes that the future of travel is brands becoming their own distributors, which is, of course, every brand's dream. It may turn out to be true for super brands in isolated cases ...
Global travel technology company, OYO’s US operations reported that it has outpaced the budget hotel industry’s per room revenue (RevPar) growth in 2023. While OYO's per room revenue witnessed a ~17% ...
SoftBank is back investing in India after it lead a $100 million round for OYO Rooms, a two-year-old startup that runs an online marketplace for affordable hotels in the country. The company’s mission ...
Oyo's multi-brand strategy speaks to its ambition to expand out of the budget category it started in. For now most of these brands are concentrated in India, which serves as a test market for Oyo. It ...