OYO shuts doors on unmarried couples: strategic pivot or societal ...
5 days ago · OYO, the hospitality giant that disrupted the hotel industry, has sparked fresh debate with its decision to restrict unmarried couples from checking into its properties. The policy, …
OYO News: Oyo latest news and recent updates | The Economic times
OYO Net Profit: Oyo announced its first-ever profit after tax of Rs 229 crore for FY24, driven by consecutive growth in Adjusted EBITDA. The company expanded globally, notably in Europe …
No Room For Unmarried Couples, OYO Changes Check-In Rules
Jan 5, 2025 · OYO Check-In Rules: Travel booking major OYO has launched a new check-in policy for partner hotels, starting from Meerut, introducing guidelines effective this year …
Oyo set to revive IPO plans amid record profits and controversial …
Jan 20, 2025 · Oyo set to revive IPO plans amid record profits and controversial new policy The hospitality giant is gearing up to file its draft red herring prospectus (DRHP) by the end of the …
Oyo Valuation: Big jump ahead of IPO! Nuvama Wealth buys …
Dec 14, 2024 · Oyo Valuation : In a big cheer for Ritesh Agarwal ’s IPO-bound hospitality company Oyo, Nuvama Wealth and Investment Limited has purchased its shares worth a …
Oyo unmarried couples: Manager explains why hotels will not …
OYO has granted its partner hotels the discretion to decline bookings from couples based on their judgment, in accordance with local social norms, the company explained.
This Indian Startup Is Buying Motel 6 For $525 Million - Forbes
Sep 23, 2024 · T he brash, 11-year-old Indian hospitality startup OYO is buying G6 Hospitality, which owns Motel 6, for $525 million in an all-cash transaction, the budget lodging chain’s …
Oyo withdraws IPO application, opts for private funding at 70% ...
May 22, 2024 · SoftBank-backed hospitality company Oravel Stays, the parent company of Oyo Hotels and Homes, has withdrawn the draft prospectus filed with the Securities and Exchange …
Oyo, once valued at $10 billion, shelves IPO plans for second time
May 22, 2024 · Oyo, the once high-flying Indian budget hotel chain, has withdrawn its IPO application from the Securities and Exchange Board of India (SEBI) for the second time in a …
India's Oyo, once valued at $10B, finalizes new funding at $2.5B ...
Jun 16, 2024 · Oyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $100 million to $125 million that slashes its valuation to $2.5 billion, two people familiar with …
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