You Searched For "OYO Rooms" and got 20 results
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3 mins read
Post Covid travel boom helps OYO revive its IPO plans
Global hospitality services platform OYO filed an addendum to its draft red herring prospectus subm…
3 mins read
It's not just Zostel, OYO has 20 other lawsuits to fight
OYO — in its DRHP for the $1.2 billion IPO — had noted that the number of legal disputes, lawsuits …
1 min read
OYO rolls out a discount for Mumbai’s stranded commuters as the city stays on orange alert till July 14
Heavy showers in India’s financial capital lead to water-logging at a number of places including…
3 mins read
OYO blames Zo Rooms for ‘forum hunting’ after Zostel’s latest plea to stop its IPO
Update: The article has been updated to include the Delhi high court's verdict issued on September …
Bhakti makwana
1 min read
OYO says an angry creditor has dragged the $9 billion startup to court over a ₹16 lakh dispute
However, OYO said that it has challenged the NCLT order against its subsidiary. In a statement…
1 min read
OYO breathes easy as NCLAT orders a stay on insolvency proceedings against its subsidiary company
As OYO battled with reports of bankruptcy, which it said was inaccurate, and received an outpouring…
3 mins read
OYO vs Zo – Zostel claims victory while the Ritesh Agarwal-led firm says there’s still room to win
After a three-year long battle, the legal verdict on OYO Hotels and Homes and Zo Hostels is out, bu…
1 min read
Road to IPO for OYO Rooms is clear as Delhi HC rejects Zostel's plea that restrained the IPO
Justice C. Hari Shankar dismissed the plea of Zostel, seeking an interim order to restrain or in…
3 mins read
Has IPO-bound OYO regained trust of its hotel partners?
The company has recently been affected by some of its hotel partners publicly complaining, filin…
3 mins read
OYO cashes in another cheque from Swedish billionaire Martin HP Söderström for its vacation homes business in Europe
Indian hospitality unicorn OYO has raised an undisclosed amount of funding from Martin HP Söderströ…
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…
3 mins read
OYO IPO now faces a hurdle from a hotels lobby with 55,000 members, aside from Zostel
The Federation of Hotel and Restaurants of India (FHRAI) — which claims to have over 55,000 hotels …
3 mins read
EXCLUSIVE: OYO’s new employee initiatives — weekend curfew with no calls or Slack messages, a surprise holiday, and discounted Curefit membership
Indian hospitality unicorn OYO has announced several initiatives to help its employees deal with an…
3 mins read
OYO valuation drops to $8 billion — but it's the smallest drop compared to other major hotel chains
OYO’s valuation has dropped to $8 billion, according to the latest report by Hurun. The Hurun Globa…
2 mins read
OYO is cutting costs in Japan by merging its hotel and rental apartment business
OYO in Japan is merging its hotel business and its rental venture – OYO Life. The merged entity wil…
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OYO joins the string of startups that are permanently leaving office spaces to reduce real estate costs
Indian hospitality unicorn OYO has just announced that it is permanently shifting to a hybrid workp…
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…
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…
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 …