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Total 83 results found. Search for [ Oyo Hotels founder Ritesh Agarwal ]

Results 1 to 21 of 83
BusinessToday.In
New Delhi, March 25, 2020
Ivanka Trump, US President Donald Trump's daughter and advisor, has hailed the kind gesture of OYO, terming it as \"impactful acts of benevolence\"


PTI
March 25, 2020
Ivanka made her comment as she retweeted a press release by the OYO, which said that the start-up is \"opening the doors to its hotels\" and offering free stays to doctors, nurses and other medical first responders who are helping in the fight against Coronavirus


Manu Kaushik
March 3, 2020
Oyo Hotel's net losses have reached USD 335 million in 2018/19 which 6.4 times higher than last year, according to the company's latest annual report. Even after 7 years, the company doesn't expect to turn profitable.


BusinessToday.In
New Delhi, February 27, 2020
US President Donald Trump praised Ritesh Agarwal for his work and said OYO Rooms is \"not such a small company\"


BusinessToday.In
New Delhi, February 25, 2020
Talking to leading CEOs and promoters from Indian corporate sector at the US embassy here on Tuesday, Trump appreciated their investments in the United States and encouraged them to invest more


Manu Kaushik
New Delhi, February 18, 2020
Why the fast-growing hotel chain had to scale down


BusinessToday.In
New Delhi, February 17, 2020
Founded by Ritesh Agarwal, Oyo reported an over four-fold jump in its revenue at $951 million for FY19, as against $211 million in the previous year


Manu Kaushik
New Delhi, February 10, 2020
Oyo Hotels founder Ritesh Agarwal, in his recent blog, said nearly 69 per cent of the retrenched employee have opted for outplacement support, and Oyo has shared the profiles of some 900 employees with over 48 companies


Manu Kaushik
January 31, 2020
Currently, Oyo largely operates under three models - franchisee, leased and owned assets. The rooms under the franchisee model accounts for the largest number of its inventory of nearly 3 lakh rooms in India


BusinessToday.In
January 15, 2020
In an internal mail to the employees of OYO in India and South Asia, Group CEO Ritesh Agarwal said that asking some of the colleagues to move to a new career outside of OYO has not been an 'easy decision'


BusinessToday.In
New Delhi, December 2, 2019
In his new role at the board, Aditya will focus on five key areas, including safety and security, customer experience, corporate governance, revenue management and stakeholder communications


BusinessToday.In
November 23, 2019
Hundereds of hotels have severed relations with Oyo following several conflicts. The hospitality chain has denied such reports, calling the numbers incorrect and inflated


Manu Kaushik
November 7, 2019
Experts believe that hotel operators are likely to increase room tariffs so that the outgo for customers remains in the same range as before the GST rate cuts


PTI
Bengaluru, November 5, 2019
A hotelier, who owns Roxel Inn, has alleged that the firm did not pay rent for rooms for the past five months


Manu Kaushik
October 14, 2019
The rooms-aggregator-turned-hotel-chain OYO, in a press statement, said that a significant part of the funds will be diverted towards continuing growth in OYO's fastest-growing US market, in addition to strengthening the start-up's position in the vacation rentals business in Europe.


BusinessToday.In
New Delhi, October 7, 2019
As part of its Series F funding round, RA Hospitality Holdings will infuse around $700 million as primary capital in the company, while existing investors SoftBank Group, Lightspeed Venture Partners, Sequoia India will invest the remaining $800 million


Reuters
Benagluru, October 7, 2019
Oyo charges hotels a roughly 20% franchise fee on room revenues when hotels join its network, but some Indian hotel operators say the startup often ends up taking half or more of revenues through fees that were not initially disclosed.


Manu Kaushik
New Delhi, September 18, 2019
From starting up as an aggregator of alternate accommodation, OYO's ambition changed midway in its journey to become an alternate hotel company that would own, lease and manage properties.


Rukmini Rao
New Delhi, September 2, 2019
Oyo, along with Highgate, reportedly shelled out nearly $135 million to buy the Hooters Casino Hotel on the Las Vegas strip


Reuters
August 23, 2019
Oyo, founded by 25-year-old Agarwal in 2013, started as a budget hotel aggregator in India. It expanded rapidly into markets such as China, Europe and the United States, and now manages over 23,000 properties across the world


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