Search result for 'oravel stays'

OYO's premium hotel brand, 'SUNDAY Hotels', is expanding rapidly, aiming for 100 properties globally by FY26. The brand has already launched in 10 countries, offering four-star and five-star hotels.

OYO's European holiday home brand, DanCenter, launches in India, offering premium villas and apartments in Goa. Learn more about the brand and its expansion.

OYO announces a £50 million investment in the UK to expand its premium hotel portfolio, create 1,000 jobs, and strengthen tourism infrastructure. The company is also looking to introduce several...

Nuvama Wealth has invested Rs 100 crore in OYO's parent firm Oravel Stays Limited through a secondary market transaction, valuing the travel tech unicorn at USD 4.6 billion. The investment comes as...

OYO, the travel tech platform, reported a net profit of Rs 158 crore in Q2 FY25, marking a turnaround from last year's losses. Founder Ritesh Agarwal shared the news with employees.

OYO's EBITDA is projected to surpass Rs 2,000 crore in FY26, fueled by the Motel 6 acquisition, adding over Rs 630 crore to its EBITDA. The travel tech platform is expected to refile its IPO after...

OYO, an Indian travel tech platform, has acquired the iconic Motel 6 and Studio 6 brands from Blackstone Real Estate for $525 million, marking its expansion in the US market.

M3M India and OYO partner to open a premium 'SUNDAY' branded hotel in Gurugram, featuring 220 keys and 1.69 lakh sq ft of luxury hospitality space. The hotel is located on SPR and is part of a...

OYO founder Ritesh Agarwal invests Rs 830 crore in the travel tech platform's latest funding round, increasing his stake to 32.57%. The investment will support OYO's growth and global expansion plans.

OYO, the hospitality unicorn, raises Rs 1,457 crore in a new funding round led by InCred Wealth, J&A Partners, and ASK Financial Holdings. This brings the total Series G funding to over Rs...

SoftBank is appointing Sumer Juneja as a non-executive director on OYO's board, signaling its bullish stance on the company's profitability. Juneja, Managing Partner at SoftBank Vision Fund, will...

OYO, the travel tech platform, has reported a maiden profit of Rs 100 crore in FY24, marking its first profitable fiscal year. The company also saw strong growth in its key markets.

Fitch Ratings upgraded Oravel Stays' rating to 'B' from 'B-', citing improved financial performance, strong demand recovery, and cost savings. The upgrade reflects OYO's positive EBITDA leverage...

OYO, backed by SoftBank, is reportedly in talks with private investors for an equity raise at a valuation of up to USD 4 billion. The travel tech platform also reported a maiden net profit and...

OYO to refile IPO after refinancing with USD 450 million in dollar bonds. The move follows a debt buyback and aims to improve financials before listing.

OYO's parent company, Oravel Stays, opens a luxury hotel in Chandigarh under its 'SUNDAY' brand. The hotel features 166 rooms and suites.

OYO doubles its Profit After Tax in Q3 FY24 and expects continued growth in the upcoming quarters, driven by improved customer experience and favourable market conditions.