“OYO is a scam,” was a common emotion among social media users after a customer of the hotel booking company claimed that she was forced to sleep on the floor at the Railway station because of ...

It recently became China’s largest hotel chain. OYO said that it will invest $300 million to expand its footprint in the United States – into cities like New York, Los Angeles and San Francisco.

Make no mistake, Oyo’s market fit in India, China, and other similar markets was and remains a genius-level idea for those markets. Let’s hone in on India: The lower end of the hotel market in ...

The first few months were a problem as every VC would ask if there’s a business similar to OYO, in China or US, and there was none. Says Ritesh, “In the first year everyone thought of us as a ...

Oyo Hotels is speeding up plans for an initial public offering, as an important year-end debt repayment deadline approaches. Creditors, including Mizuho Financial Group Inc., insist that founder ...

Oyo, which began with one hotel in Gurgaon in 2013, has grown to over 330,000 rooms in 500 cities globally. While India was its first playground, it now has more rooms in China. "We are confident ...

This will add 300,000 rooms to OYO’s list. OYO has 175,000+ rooms in India, whereas in China it has 322,000+ rooms and in the rest of the world put together, it is adding 60,000 rooms every month.

Oyo has been aiming to launch an IPO, with a target to file the draft papers by the first quarter of 2025-26. Oravel Stays, the parent company of Oyo, on Wednesday announced it is launching its ...