Agarwal outlined that the key focus areas of OYO in the calendar year 2023 will be on Profit After Tax (PAT) along with consistent momentum in EBITDA; achieve cash flow positive in FY24; cost efficiency and improving...
In Bilaspur, Two friends staying at an OYO hotel were allegedly thrashed by the staff for demanding a refund, police said.
Earlier this month capital markets regulator SEBI had asked the company to refile the draft initial public offering (IPO) papers with certain updates
Gurugram's DCP (East) Virender Vij said that at around 1 pm, information was received that a person fell from the 20th floor of an apartment in the DLF The Crest Society at Sector 54, Gurugram
The company expects its revenue in FY23 to be USD 751 million, up 19 per cent from USD 629 million in FY22, he told the employees through a presentation during the townhal
An email sent to the Federation of Hotel & Restaurant Associations of India (FHRAI) seeking comments did not elicit a response
The representation by OYO alleges that Federation of Hotel & Restaurant Associations of India's (FHRAI) actions are detrimental to small hotel owners
The year 2022 saw a major uptick in travel and tourism. Globally, leisure destinations have led the travel recovery curve, while in India, business and cultural travel have significantly contributed to the sector
With travel bouncing back strongly after the pandemic, OYO Travelopedia 2022 found that Hyderabad, Delhi, Bangalore, Kolkata, and Chennai emerged as the most...
OYO said the move is part of implementing wide ranging changes in its organisational structure
However, a two-member NCLAT bench while admitting the appeal filed by Oravel Stays Ltd (OSL) directed to deposit of 10 per cent of the penalty amount within...
The sell-off followed reports that its largest investor SoftBank has cut the valuation of the hospitality platform by 20% to $2.7 billion in its books
For FY22, revenue from contract with customers was at Rs 4,781.4 crore. In FY21 it was at Rs 3,961.65 crore; Rs 13,168.15 crore in FY20 and Rs 6,329.74 crore...
Based out of Bornholm island in Denmark, Bornholmske Feriehuse has 737 holiday homes spread over 30 holiday parks on its platform
In August 2019, Vaidya had joined OYO, a global travel-tech company as CEO - SE Asia & Middle East.
Chaired by BJP leader and former Union Minister Jayant Sinha, the Committee has been investigating allegations of anti-competitive practices by leading tech...
Kapoor joined OYO in 2018 as CEO of its new real estate businesses but was appointed Global CMO this April after Ankit Gupta was promoted as CEO of OYO India
National Eligibility Cum Entrance Test (NEET) will be held on July 17 at different centres in 497 cities across India
Stuck in the rain in Mumbai? OYO has rolled out a rather unique offer to help stranded commuters during heavy downpour and waterlogging in Mumbai
The company's proposed IPO comprised a fresh issue of equity shares aggregating up to Rs 7,000 crore and an offer for sale to the tune of Rs 1,430 crore, as...
Agarwal also stressed on the need to integrate the "very large rural mass" of India with the usage of technology and help generate income for the people living...
The startup had filed for an initial public offering last year
Subsequently, owing to defaults on the part of Oravel, Zostel was unable to acquire the assets of Oravel and an award was passed in March 2021 against Oravel...
Mishra, who was with Reliance Jio before, will also be responsible for teams that serve international markets of OYO, including the US, UK, Latin America and...
OYO has filed preliminary documents for an Rs 8,430 crore initial public offering (IPO). The offering will consist of a fresh issue of shares of up to Rs...