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Ritesh Agarwal
China

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 valued at USD 5 billion.

China

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 lately.

Europe

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.

Corporate & Business

Breathing (OYO) Life into Japan’s home rental market

After China, Indonesia and Malaysia; OYO is now spreading its wings further east into Japan.

Attractions

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.

Hospitality

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 growth in Indonesia within three months of its operations in the country.

Asia

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.

Asia

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.

Hotels

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.

Global

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 Lightspeed Venture Partners, Sequoia and Greenoaks Capital.

China

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 a media report.

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