Services

China's Didi Chuxing invests $100 million in OYO

The funding is part of the $1 billion investment round.
- By - Opportunity India Desk
- Feb 14, 2019 / 2 MIN READ
OYO in talks with Berggruen Holdings to acquire Keys Hotels

Berggruen Holdings is a $2-billion private equity and venture capital firm founded by Nicholas Berggruen.
- By - Opportunity India Desk
- Feb 09, 2019 / 1 MIN READ
OYO posts over 4-fold jump in its hotel sales globally

The company had posted a revenue of $0.4 billion for 2017.
- By - Opportunity India Desk
- Feb 08, 2019 / 1 MIN READ
OYO to foray into the US market

Apart from the new market of US, it is also present in the UK, Indonesia, Nepal, and Sri Lanka among others.
- By - Opportunity India Desk
- Feb 07, 2019 / 1 MIN READ
OYO Hotels & Homes delivers 3.5x growth in revenue in FY 2017-18 for India operations

As per consolidated audited financials, OYO India has witnessed a 3.5x revenue growth, reporting an operating revenue of Rs 416 cr, compared to Rs 120 cr reported for FY 2016-17.
- By - Opportunity India Desk
- Feb 05, 2019 / 2 MIN READ
OYO forays into Philippines with $50 million commitment

OYO is aiming to generate 1,000 direct and indirect employment opportunities in the country with its operations.
- By - Opportunity India Desk
- Jan 30, 2019 / 1 MIN READ
OYO looks to invest $100 mn in Indonesia to expand its presence

OYO is eyeing to have presence in 100 cities in the Southeast Asian country by the end of 2019.
- By - Opportunity India Desk
- Jan 30, 2019 / 1 MIN READ
OYO plans to foray into Philippines

The Delhi-NCR-based company entered the global markets in 2016.
- By - Opportunity India Desk
- Jan 21, 2019 / 1 MIN READ
Ola to introduce Ola Money Postpaid for 150 million users

Ola Money Postpaid provides a 15-day credit line.
- By - Opportunity India Desk
- Jan 18, 2019 / 2 MIN READ
OYO aims to become world's largest hotel chain

The hospitality firm has set a target of 2.5 million rooms by 2023.
- By - Opportunity India Desk
- Jan 15, 2019 / 1 MIN READ
OYO launches in-application support platform 'OYO Assist'

OYO Assist is a first-of-its-kind consumer product in the hospitality industry offering an end-to-end automated resolution to customers.
- By - Opportunity India Desk
- Jan 04, 2019 / 2 MIN READ
OYO to enter Saudi Arabia, Abu Dhabi and Al Ain

OYO is also looking at bringing a new category in Saudi Arabia to tap the large inflow of religious tourists into the country.
- By - Opportunity India Desk
- Jan 02, 2019 / 1 MIN READ
OYO forays into Sri Lanka

Presently, the company is present in seven countries including India, China, Indonesia, Malaysia, Nepal, the UK and UAE.
- By - Opportunity India Desk
- Dec 14, 2018 / 1 MIN READ
OYO aims to become the world's largest hotel chain by 2023

OYO started with one hotel in Gurgaon in 2013. It has now grown to over 330,000 rooms in 500 cities globally.
- By - Opportunity India Desk
- Dec 10, 2018 / 1 MIN READ
What Hotel Chains Can Learn From OYO’s Strategies To Target Business Travellers

OYO, has launched special OYO’s for corporate travellers, OYO B Direct
- By - Opportunity India Desk
- Dec 06, 2018 / 2 MIN READ