Tag: oyo
oyo: Oyo to add 750 hotels on its platform in next three months to tap peak travel season
Hospitality technology firm Oyo on Monday said it will add 750 hotels on its platform in the next three months in over 35 leisure markets…
deepinder goyal: Shark Tank India: After Oyo’s Ritesh Agarwal, Zomato’s Deepinder Goyal joins judges panel
Zomato founder and CEO Deepinder Goyal is the latest ‘shark’ in the panel of business reality television show Shark Tank India 3. The official Twitter…
oyo maiden profit: Oyo to report maiden net profit of Rs 16 crore in ongoing quarter
Oravel Stays, the parent of hospitality chain Oyo, has claimed it is on the verge of reporting its first-ever profit after tax (PAT) in the…
oyo corporate clients: OYO says it added 2,800 new corporate clients in January-July 2023
Hospitality tech platform Oyo has added nearly 2,800 corporate clients during the January-July 2023 period, up 11.75% year-on-year (YoY), according to a report from the…
oyo: Oyo’s growth is ahead of schedule, cost controls are better than ever: Steve Albrecht
Being net income positive is ‘very important’ if a company is going public and independent director Steve Albrecht is hoping Oyo will get there soon….
Ankit Gupta, Mandar Vaidya move on from Oyo
Ankit Gupta, the India CEO for Oyo, and Mandar Vaidya, the head of Oyo’s Europe business have quit the company ahead of a planned public…
Oyo: Oyo clocked adjusted EBITDA of Rs 175 crore in Q1, CEO Ritesh Agarwal tells employees
In an internal employee town hall on Monday, Oyo told its employees that the company clocked an adjusted EBITDA or adjusted operating profit of Rs…
oyo: Oyo enters premium resorts, hotels category, launches Palette brand
Hospitality technology platform OYO on Tuesday announced its foray into premium resorts and hotels category with the launch of its new brand -Palette with plans…
oyo hotels: Oyo to add over 1000 hotels under Accelerator Programme by December
Hospitality chain Oyo has announced that it will add more than 1000 hotels as part of the Accelerator Programme by December 2023. The company said…
oyo: Fitch revises outlook on Oyo’s IDRs to positive from stable
Fitch Ratings said on Wednesday it has revised the outlook on India-based Oravel Stays Limited’s (Oyo‘s) long-term foreign- and local-currency issuer default ratings (IDRs) to…