OYO to raise USD 1.5 billion in new round of financing
OYO Hotels and Homes will be raising USD 1.5 billion as part of a latest round of funding which will be utilised for expansion in the US and strengthen its vacation rentals business in…
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Ritesh Agarwal
OYO reaches US milestone with more than 100 hotels
OYO Hotels & Homes has achieved the milestone of more than 100 hotels in the United States since formally announcing its presence in June.
OYO to invest USD 300m in “newest home market”
OYO Hotels & Homes celebrates its growth in the US by announcing plans to invest USD 300 million over the next few years.
Battling Yourself: OYO Rooms CEO Ritesh Agarwal on how to succeed in China
Within a span of 18 months, OYO is now the second largest hotel chain in China boasting 450,000 rooms in 10,000 OYO hotels present in 320 cities. The fast-growing hospitality start-up is…
World domination: OYO schemes to rule the world
Entering new markets and dominating new territories, OYO, it seems, has plans to rule the world (the hospitality world, that is). Here’s an overview of what the company has been up to…
OYO moves into Europe with @Leisure Group acquisition
OYO has agreed to acquire Amsterdam-based @Leisure Group, a vacation rental company in Europe which manages holiday homes, parks and apartments.
Breathing (OYO) Life into Japan’s home rental market
After China, Indonesia and Malaysia; OYO is now spreading its wings further east into Japan.
2019 budget: Perspectives of the Indian travel industry
In a TD exclusive, we spoke to bigwigs in the Indian travel industry and their thoughts on the upcoming Indian budget in 2019.
Next on the radar: OYO set to grow in Indonesia
Its raining Asian expansion stories this week. With RedDoorz expanding its footprint in Indonesia, OYO is not too far behind. Their latest press release confirmed it is seeing exponential…
OYO unlocks homes in Dubai to restore balance in hospitality
Making its way to the UAE’s largest, most populous, and trendiest city — OYO has announced the launch of OYO Homes in Dubai.
OYO to invest more than USD 100 million in Indonesia
Fast-growing hospitality brand OYO Rooms is set to expand its presence in the South-East Asian market.
Broader Horizons: OYO plans to host guests in 150 Hotels across UAE
After setting foot in China and the UK, OYO Hotels, South Asia’s largest and one of the fastest growing hospitality chains, has launched its operations in the United Arab Emirates.
Money matters: OYO raises USD 1 billion aimed at global expansion
OYO has raised a total of USD 800 million in the latest financing round led by SoftBank Investment Advisers (SBIA) through SoftBank Vision Fund, with participation from existing investors…
Chinese media giant Tencent to invest in Indian budget hotel start-up OYO Rooms
Tencent Holdings Ltd. is in talks to lead a financing round of between US$300 million to US$500 million in Indian budget hotel brand OYO Rooms, valuing OYO at over US$2 billion, according to…
