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Total 76 results found. Search for [ hotel chain OYO ]

Results 1 to 21 of 76
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'


Manu Kaushik
December 27, 2019
India would see over 50,000 branded hotel rooms being added between 2018/19 and 2023/24, and out of which, about 34,000 would be mid-market and budget categories, said a recent report by CARE Ratings


BusinessToday.In
New Delhi, November 26, 2019
Zee Entertainment share price falls over 9% after Subhash Chandra steps down as chairmanZee Entertainment share price fell in early trade today after its chairman Subhash Chandra stepped down with immediate effect on Monday. Zee Entertainment share price lost 9.06% to Rs 312.50 compared to the previous close of Rs 343.65 on BSE. Zee Entertainment stock has been  losing for the last two days and fallen 6.12% during the period. Subhash Chandra resigns as Zee Entertainment Chairma...


BusinessToday.In
New Delhi, November 25, 2019
Ritesh Agarwal-led hospitality startup posted a five-time jump in its total expenditure at Rs 9,027.53 crore in FY19 compared with Rs 1,835.38 crore in FY18


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


BusinessToday.In
New Delhi, October 30, 2019
Govt forms panel to look into financial woes of telcos after SC's AGR blowThe Modi government has formed a Committee of Secretaries (CoS) to find out ways to reduce financial stress in the telecom sector. The panel, formed under Cabinet Secretary Rajiv Gauba, will suggest ways to make a favourable environment for investment in the sector struggling to keep up revenue. The committee may soon announce a financial bailout package for the ailing sector by lowering spectrum charges and...


PTI
October 30, 2019



Reuters
October 30, 2019
The order follows a complaint from the Federation of Hotel and Restaurant Associations of India (FHRAI), an industry body


Reuters
Bengaluru, October 25, 2019
The SoftBank-Oyo partnership, Oyo Hotels Japan, opened hotels in over 50 Japanese cities, including Tokyo, Osaka and Kyoto


Goutam Das
October 23, 2019
When Airbnb was founded in 2008, the founders struggled to raise money because back then, venture capitalists had the same questions and doubts around trust.


Manu Kaushik
October 15, 2019
With the latest round of investments worth $1.5 billion in Oyo Hotels and Homes, the homegrown chain has caught everyone's attention


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


PTI
August 13, 2019



PTI
August 13, 2019



Reuters
August 7, 2019
Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund.


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