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4 mins read

Varanasi, Tirupati, Puri are top travel destinations, as spiritual tourism gains favour -OYO

Northern India has emerged as the most favoured spiritual travel destination followed by Southern, …

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2 mins read

70% of OYO hotels in China have reopened ⁠— and bookings are rising slowly, the company says

While 70% of OYO hotels in China are now operational, it plans to open the remaining hotels in the …

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2 mins read

Did you know? OYO’s Ritesh Agarwal has a Chinese name

The Indian owner of China's largest chain of hotels, OYO, is not known as Ritesh Agarwal, but as Li…

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3 mins read

Ritesh Agarwal-led OYO files preliminary papers for its $1.2 billion IPO

According to documents seen by Business Insider, the Gurugram-based startup aims to raise ₹7,000…

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2 mins read

OYO employees have collected ₹1 crore to help Chinese colleagues affected by coronavirus

Ritesh Agarwal, founder and CEO, OYO, has said that a fund of over 1 mn RMB (around ₹1 crore) ha…

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1 min read

Indian unicorn OYO has conquered China and is now the country’s largest hotel chain

The Indian hospitality unicorn OYO has achieved the numero uno position in one of the world’s tough…

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2 mins read

The founders of OYO and Zomato pump in money to make edtech startup Unacademy worth $3.4 billion ⁠— a ten fold jump in 18 months

The six-year old startup founded by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy…

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2 mins read

The founder of OYO, the Indian unicorn, is so confident that he will buy back $1.5 billion shares

In an email response, an OYO spokesperson said, “As a company policy, we don’t comment on specul…

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2 mins read

OYO is making a march to the top US cities with $300 million and blessings from Softbank and Airbnb

Indian hospitality unicorn OYO is investing as much as $300 million to expand its footprint in the …

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5 mins read

OYO bags a $7.4 million cheque as pandemic forces Ritesh Agarwal to reimagine the business

Ritesh Agarwal-led OYO has raised ₹54 crore or $7.4 million from Hindustan Media Ventures in a seri…

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3 mins read

OYO is beefing up its board of directors – the second board appointment this year is a former FBI consultant

Indian hospitality unicorn OYO has announced the 8th addition to its board of directors. The compan…

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2 mins read

Watch out for OYO’s billionaire founder Ritesh Agarwal talking tech at Global Trends Festival 2020

The 27-year old Agarwal is one of the youngest billionaires in the world.

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2 mins read

OYO sends US staff on ‘temporary leave’ but Indian jobs are safe

Indian hospitality chain OYO has announced that it won’t lay off employees in India in spite of the…

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3 mins read

OYO Japan saw an occupancy rate of 51% even during the coronavirus pandemic

OYO Japan recorded an average occupancy rate of 51% in the month of March during the coronaviru…

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2 mins read

“Goa may be the new Thailand, ” says Ritesh Agarwal as OYO pivots to a new strategy ⁠— ‘driving, and not flying, destinations’

Agarwal said that within the travel industry, aviation is impacted the most. With people not r…

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5 mins read

Inside OYO’s offices ⁠— how a 'high pressure' work environment broke a promising startup brand

When numbers become the defining metric, quality may suffer. “OYO when it enters a market want t…

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2 mins read

OYO Rooms is the most valuable “hotel chain” in South Asia after Softbank investment

After being valued at between $850-$900 million at the end of last year, OYO Rooms, which was found…

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6 mins read

Full text of Ritesh Agarwal’s note to OYO employees who are worried about layoffs, losses and other troubles

The offices at hotel aggregator OYO have been tense, thanks to the news of layoffs and losses. Now,…

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2 mins read

Bizarre! The more losses Oyo makes, the more valuable it gets

Indian hospitality unicorn OYO, backed by Japanese billionaire Masayoshi Son’s Softbank Vision Fund…

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3 mins read

Dues, death and an investigation — all that went wrong with OYO hotels in the last 6 months

OYO Hotels & Homes, the Indian unicorn that has gone global seems to be going through a bad tim…