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Tag: Oyo

Aditya Ghosh joins Oyo’s board as Rohit Kapoor named new India...

Aditya Ghosh, presently serving as CEO, India and South Asia, at Oyo Hotels & Homes, will be joining the company's board of directors, announced...

Oyo expects losses in India, China until 2022: report

SoftBank-backed Oyo Hotels and Homes may not make a profit in India and China until 2022 based on internal projections, Reuters reported. The India-based hotel...

Oyo hires independent advisor for governance guidance

Betsy Atkins, CEO and founder of Baja Corporation, has been appointed by Oyo Hotels & Homes as an independent director on the company’s board...

Oyo enters Thailand as part of SE Asia expansion plans

Oyo Hotels and Homes has officially made its foray into Thailand, with the opening of 8,000 rooms in 250 hotels across 13 cities, including...

Oyo, MakeMyTrip under probe by India’s competition watchdog

Hotel booking service MakeMyTrip is currently being investigated by India's competition watchdog for alleging giving preferential treatment to SoftBank-backed hotel chain Oyo on its...

Oyo to raise US$1.5 billion in Series F funding

Oyo Hotels & Homes will be raising US$1.5 billion in its latest funding round, of which a significant amount will go towards the company's...

SoftBank and Oyo pick up majority stake in Japan’s MDI

Indian hospitality chain Oyo Hotels & Homes and its principal backer SoftBank Group have jointly acquired an 80 per cent stake in Japanese apartment...

Oyo moves into upscale segment in India

Oyo Hotels & Homes, more associated as a budget and economy hospitality chain, will soon foray into the premium accommodation space when it opens...

Oyo denies cheating charges against founder

Oyo has refuted the allegations that its founder Ritesh Agarwal and several top executives had cheated a Bengaluru hotelier of more than Rp15 million...

Oyo snaps up data science firm specialising in dynamic pricing

India-based Oyo Hotels & Homes has acquired Danamica to leverage the Copenhagen-based data science company's machine learning and business intelligence capabilities, particularly in dynamic...

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