Page 14 - Oyo

OYO to add up to 500 Townhouse hotels from current 68 across India in 2019

OYO has presence in over 500 cities across India, China, Malaysia, Nepal, the UK, the UAE and Indonesia

OYO in talks to acquire nearest rival Treebo Hotels in budget hotel sector

Headquartered in Bengaluru, Treebo operates about 10,000 rooms across 400 properties in the country

OYO enters Sri Lanka, expands presence in South Asian market

The move comes barely few weeks post the announcement of appointment of Aditya Ghosh as OYO's CEO for India and South Asia

Ritesh Agarwal aims to make Oyo the world's largest hotel chain by 2023

Oyo, which began with one hotel in Gurgaon in 2013, has grown to over 330,000 rooms in 500 cities globally

Singapore's cab-hailing firm Grab, in talks to invest Rs 100 million in Oyo

Grab is expected to close the deal in the next few days

Oyo to double hotel count in Odisha 2019 end, aims to create 6,000 jobs

Currently, Oyo Hotels has a strong presence in Odisha, especially in cities, including Bhubaneswar, Puri, Cuttack, Rourkela and Jharsugda

OYO to invest $1.2 bn for expansion, bulk of spending to be in India, China

OYO says it is adding 60,000 rooms every month to its network

OYO checks into UAE, targets 12,000 rooms across 7 Emirates in two years

Firm has made 1,100 rooms operational in three of the seven Emirates including Dubai, Sharjah

Ritesh Agarwal: The 24-year-old who built $5 bn hotel startup OYO in 5 yrs

Ritesh Agarwal's solution is a booking app that promises truth in advertising and branded hotels that don't deliver unpleasant surprises

OYO raises $1 bn from investors led by Softbank; firm now valued at $5 bn

This e-series funding round makes OYO the most valued hospitality company in the country, ahead of Tata Group's Indian Hotels Company and EIH

OYO to enter UK with $53 mn investment, sign up 300 hotels by 2019 end

OYO is entering Britain's economy hotel segment, which is led by Whitbread's Premier Inn chain

Budget hospitality start-up OYO is replicating its India strategy in China

In less than nine months of launch, OYO has managed to become a leading budget hotel brand in that country with about 50,000 rooms spread over 1,000 hotels in China

OYO acquires banquet company Weddingz.in, steps up to expand in real estate

With more than 10 million marriages in India held annually, the segment holds immense potential for innovation, improvement and standardisation of processes

Soon-to-become Unicorns: OYO inches closer to $1-billion valuation mark

In the second part of a series on soon-to-become Unicorns, we take a look at OYO's business model

SoftBank-backed OYO now 100,000 rooms brand, eyes another 100,000 by Mar 1

OYO's rapid expansion was a well planned strategy but not without challenges

OYO enters Chinese market as part of its overseas expansion plans

China is the company's third overseas market, after its successful venture into Malaysia and Nepal, where it has grown multi-fold, OYO said in a statement.

OYO gearing up for a bigger play in corporate executive accommodation space

The managed apartment chain hopes to use its learnings from the homestay space to its new corporate executive accommodation business

OYO plans big focus on serviced apartments for corporate clients

The move follows the acquisition of Novascotia Boutique Homes, a Chennai-based service apartment company, by OYO last month

MMT, Yatra and Goibibo renew partnership with Oyo to boost business

Online travel portals are stepping away from solo sojourns to make room for Oyo

OYO says no IPO plan for now; eyes 180,000 rooms by 2018-end

Our target is to grow from 70,00O keys to 1,80,000 keys by December next year," Agarwal said