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Total 228 results found. Search for [ Oyo Hotels ]

Results 1 to 21 of 228
Chitranjan Kumar
October 7, 2020
According to a report by Bernstein, key segments like e-commerce, financial technology and education technology have grabbed investors' interest due to structural shift in consumer behaviour in wake of coronavirus pandemic


PTI
September 26, 2020
OYO opened its doors in the state in 2015 and since then it has added over 570 hotels and 7,500 rooms especially in Shimla, Dharamsala, Kasauli and Manali to its chain while generating over 3,000 indirect job opportunities


Reuters
September 5, 2020
SoftBank, the biggest investor in Oyo, will use part of its $5 billion Latin America fund to invest in the newly formed company called Oyo Latam which will take over 1,000 hotels mainly in Brazil and Mexico


PTI
September 4, 2020
For those who opt for VSP, the company will provide benefits such as financial assistance, relaxation on ESOP vesting, continued health coverage, parental insurance, and extension of OYO exigency fund


PTI
August 25, 2020
Secretary-General Antonio Guterres said in a policy briefing and video address that tourism is the third-largest export sector of the global economy, behind fuels and chemicals, and in 2019 it accounted for 7 per cent of global trade


BusinessToday.In
August 19, 2020
Oyo Japan, which is a joint venture between SoftBank's domestic telco unit (in Japan) and the Indian online hotel operator, is setting up a six-member management monitoring panel to set the virus-stricken business right in the country


Manu Kaushik
August 11, 2020
Domestic travel operators believe they have a fair chance of attracting tourists who usually travel abroad for holidays, but might lose out on this huge business opportunity due to inconsistent policies


BusinessToday.In
August 5, 2020
CEO Rohit Kapoor and Chief Human Resources Officer Dinesh Ramamurthi reportedly told the company' staff that salaries with fixed compensation up to Rs 8 lakh will be first reinstated from August 1


BusinessToday.In
July 30, 2020
Among the relaxations, the state government allowed increasing size of the workforce to 75 per cent in private establishments in non-containment zones which are under Greater Chennai Police limits


BusinessToday.In
July 17, 2020
OYO Hotels & Homes has terminated the lease contracts for two Gurugram-based corporate offices amid the ongoing coronavirus crisis


BusinessToday.In
July 4, 2020
An OYO spokesperson confirmed the development and said that they have offered deeply discounted ESOPs (employee stock ownership plan) comparable to RSUs (restricted stock unit) to its employees


BusinessToday.In
July 1, 2020
The survey conducted by real estate consultancy firm JLL further said that only 20% of respondents believe that their hotels could bounce back to 2019 Revenue Per Available Room or RevPAR levels within 6 to 12 months


Manu Kaushik
June 25, 2020
Outstanding loans worth Rs 50,000 crore are attached to hotel real estate. A 50 per cent delinquency would result in Rs 25,000 crore of loans turning bad


PTI
June 25, 2020
The Exide Life MD and CEO expects that renewals will do well this year because customers would not like to loose the cover of their existing policy


Manu Kaushik
June 25, 2020
Coronavirus pandemic has upended the fundamentals of hospitality sector, including Oyo; occupancies are down, room rates are down, the economy is limping, and state-specific restrictions have only made it difficult for the sector to gain travellers' confidence


BusinessToday.In
New Delhi, June 1, 2020
On April 8, OYO founder and Group CEO Ritesh Agarwal had said that the company will place a certain number of employees on furloughs


BusinessToday.In
New Delhi, May 7, 2020
\"Coorg will be the new Switzerland and Goa, the new Thailand,\" said Oyo founder and CEO Ritesh Agarwal, as he dismissed those who say the company might wrap up. He spoke to India Today TV on how the company was focusing on future trends and working towards satisfying customers. Ritesh Agarwal, however, said that going forward Oyo Hotels and Homes will have a more measured business aspiration.Also Read: Faith shattered! Yes Bank deposits down 54% from Rs 2.27 lakh crore peak


Reuters
April 29, 2020
While Oyo does not plan to completely exit any market, it will either terminate or not renew contracts with loss-making hotels, two of the sources said


Reuters
April 22, 2020
The move comes soon after OYO furloughed thousands of its international employees earlier in April after the coronavirus outbreak brought global travel to a halt, wreaking havoc in the hospitality sector


Ajita Shashidhar & Sonal Khetarpal
New Delhi, April 15, 2020
A humanitarian crisis calls for humane HR policies to tide over what looks like the \"new normal\" post-lockdown


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