Ritesh Agarwal’s online marketplace for affordable stays, OYO Rooms, received $100 million in funding from SoftBank earlier this week. Agarwal is 21, and demographically aligned to a youthful country ...
With an eye on netting multiple customer segments across the country, online budget hotel-room aggregator OYO Rooms is going aggressive with the launch of two new categories this year — OYO Homes and ...
Global travel technology company, OYO’s US operations reported that it has outpaced the budget hotel industry’s per room revenue (RevPar) growth in 2023. While OYO's per room revenue witnessed a ~17% ...
Mark Zuckerberg wanted to connect people, so he built Facebook. When on a snowy night in Paris in 2008, Travis Kalanick and Garrett Camp couldn’t get a cab, the two were inspired to set up Uber. CEO ...
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Zo Rooms had 300 employees and 20,000 listed properties across 30 cities. Photo: Mohsin Shaikh/Mint New Delhi: Oyo Rooms, the budget hotel-booking app backed by Japanese billionaire Masayoshi Son’s ...
OYO Townhouses by OYO Rooms is a thoughtfully designed mid-range hotel category for travellers who value comfort and reliability without the high cost of luxury stays. Travel rarely pauses—whether for ...
Backpacker hostel startup Zostel on Sunday said it has won the three-year legal battle against Oravel Stays, which owns and operates hotel chain OYO, with regards to the alleged breach of a binding ...
The OYO-ZO Rooms’ battle is now getting fiercer and the ball is steadily moving towards OYO’s court. Reportedly, a Gurugram-based district court has rejected an arbitration petition filed by budget ...
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