OYO

COVID-19: OYO launches new feature to provide isolation, quarantine facilities

COVID-19: OYO launches new feature to provide isolation, quarantine facilities

Hospitality firm OYO on Tuesday said it has launched OYO Care feature on its mobile app where users can book quarantine as well as isolat...Read More

NCLAT orders stay on formation of CoC in insolvency proceedings against subsidiary: OYO

NCLAT orders stay on formation of CoC in insolvency proceedings against subsidiary: OYO

Hospitality firm OYO on Thursday said the National Company Law Appellate Tribunal (NCLAT) has ordered a stay on the formation of committ...Read More

NCLT admits insolvency plea against Oyo for unpaid Rs 16 lakh to supplier; company goes to NCLAT

NCLT admits insolvency plea against Oyo for unpaid Rs 16 lakh to supplier; company goes to NCLAT

The National Company Law Tribunal (NCLT) has admitted a petition for initiating insolvency proceedings against Oyo Hotels for recovery of...Read More

Arbitrator provides no relief to ZO Rooms in ownership dispute, claims OYO parent

Arbitrator provides no relief to ZO Rooms in ownership dispute, claims OYO parent

Oravel Stays Pvt Ltd, which runs OYO hotel chain, has said it will 'vehemently oppose' any move to make it execute the definitive agreeme...Read More

OYO Hotels & Homes valuation reaches $9 billion

OYO Hotels & Homes valuation reaches $9 billion

With over 50 products and more than 500 microservices, the company plans to utilise the capital in strengthening its technology stack for...Read More

Consumer travel confidence coming back; India tops as most booked country: OYO

Consumer travel confidence coming back; India tops as most booked country: OYO

Even as travel and hotel industry were the worst affected during the pandemic, OYO said India has topped the chart for the hospitality ch...Read More

OYO lays off around 300 employees

OYO lays off around 300 employees

Hospitality firm OYO has laid off around 300 employees mainly from renovation and operations departments, according to sources in know o...Read More

OYO lays off around 300 employees

OYO lays off around 300 employees

New Delhi: Hospitality firm OYO has laid off around 300 employees mainly from renovation and operations departments, according to sources...Read More

OYO has close to USD 1 billion to fund operations, says Ritesh Agarwal

OYO has close to USD 1 billion to fund operations, says Ritesh Agarwal

Hospitality firm OYO is recovering from the impact of the COVID-19 pandemic and has around USD 1 billion to fund operations, according to...Read More

Domestic tourists preferring inter-state road trips, beach destinations: OYO

Domestic tourists preferring inter-state road trips, beach destinations: OYO

Leading hospitality chain OYO Hotels and Homes said domestic tourists are preferring inter-state road trips and beach destinations after ...Read More

Geopolitical impact will be big risk for companies with global footprint: OYO’s Ritesh Agarwal

Geopolitical impact will be big risk for companies with global footprint: OYO’s Ritesh Agarwal

OYO Hotels & Homes founder CEO Ritesh Agarwal on Tuesday said geopolitical impact is going to become one of the big risks for compani...Read More

OYO's 'Weddingz.in' sees 40% pre-Covid level demand in Unlock 3.0

OYO's 'Weddingz.in' sees 40% pre-Covid level demand in Unlock 3.0

In a statement, Weddingz.in said that through several initiatives, the platform managed to enable and support its venue partners with nec...Read More

OYO to lay off several furloughed employees in US

OYO to lay off several furloughed employees in US

In a leaked email accessed by Skift, OYO Chief Operating Officer Abhinav Sinha said that owing to the pandemic, OYO US would not be in a ...Read More

OYO announces ESOPs for all furloughed employees impacted by COVID-19

OYO announces ESOPs for all furloughed employees impacted by COVID-19

On April 8, OYO founder and Group CEO Ritesh Agarwal had said in a letter and video message that the company will place a certain number ...Read More

OYO cuts fixed pay of all by 25%

OYO cuts fixed pay of all by 25%

The company currently has around 10,000 employees in the country.

OYO cuts fixed pay of all by 25%, asks some India employees to go on leave

OYO cuts fixed pay of all by 25%, asks some India employees to go on leave

OYO on Wednesday asked some of its staff in India to go on leave with limited benefits from May 4 for four months, and also asked all emp...Read More

OYO to slash about 5,000 jobs globally

OYO to slash about 5,000 jobs globally

New Delhi: Softbank-backed Oyo Hotels is reportedly going to cut its global workforce by about 5,000 to 25,000 people, with the deepest r...Read More

CCI orders detailed probe against Make My Trip, OYO

CCI orders detailed probe against Make My Trip, OYO

While ordering the probe, CCI also noted that a case against MMT and OYO for entering into a vertical arrangement having an appreciable a...Read More

OYO net loss widens 3X in 2018-19 on china expansion

OYO net loss widens 3X in 2018-19 on china expansion

The business operations in India, a mature market for the company, contributed nearly 63.5% or $604 million to the total revenue as the b...Read More

OYO to lay off over 1,000 people in India

OYO to lay off over 1,000 people in India

In an internal mail to the employees of OYO in India and South Asia, the company's founder and Group CEO Ritesh Agarwal said that asking ...Read More

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