OYO

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News / Online
OYO acquires vacation rental business Direct Booker
By Linda Fox | May 10, 2022
Croatia-based vacation rental management company Direct Booker is said to have more than 3,000 homes on its platform. Read More
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News / Online
OYO, Hopper bet on gamification to drive user retention
By Mitra Sorrells | March 7, 2022
OYO and Hopper are leading the way but expect to see more brands using both game theory and actual games in their mobile apps. Read More
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News / Online
OYO outlines details for IPO, raising $1.2B
By Linda Fox | October 1, 2021
The India-based company is seeking to raise about $1.2 billion, mostly through the issue of fresh shares as well as some existing shares. Read More
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News / Technology
Microsoft, OYO partner to develop travel products and tech
By Mitra Sorrells | September 9, 2021
Along with announcing that the companies will work together to create "next-gen travel and hospitality products and technologies," Microsoft acknowledges a recent equity investment in OYO.   Read More
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News / Technology
OYO adds self-service onboarding tool to boost supply
By Mitra Sorrells | September 3, 2021
OYO says its new OYO 360 tool reduces the time it takes to bring new hotels into its system from 15 days to just 30 minutes. Read More
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News / Online
OYO secures $660M loan, keeps focus on post-pandemic growth
By Kevin May | July 19, 2021
The India-based company initially secured the agreement in May this year for the Term Loan B, a financial mechanism whereby the amortization is set for between five and eight years. Read More
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News / Online
Q&A: OYO on how it wants to emerge from the COVID crisis
By Mitra Sorrells | June 8, 2021
Abhinav Sinha, COO of India-based OYO, discusses what the company has learned through the pandemic, new tech products it has launched and its plans for future growth. Read More
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News / Online
OYO raises $7.4M as part of Series F round
By Mitra Sorrells | January 11, 2021
The new capital comes from Hindustan Media Ventures.  Read More
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News / Online
VIDEO: OYO on doubling down on what works during a pandemic
By Kevin May | December 14, 2020
OYO's strategy to get into the rental accommodation business could eventually be seen, once the dust settles on the pandemic, as a bit of a lifeline for the business. Read More
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News / Distribution
Tobias Wann leaves as CEO of OYO's vacation rental unit
By Linda Fox | July 2, 2020
After a year heading OYO Vacation Homes, Tobias Wann has handed the reins to chief operating officer Raj Kamal. Read More
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News / Distribution
International expansion swells losses for OYO to $335M
By Linda Fox | February 17, 2020
The company reported revenue of $951 million in its full-year earnings for 2019, a more than four-fold increase year-over-year. Read More
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News / Online
OYO acquires TUI's rental tour operating business
By Kevin May | February 3, 2020
The move comes as part of a sale that began in December 2019 when Germany-based E-Domizil acquired Wolters Reisen from TUI Group for an undisclosed fee. Read More
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News / Distribution
VIDEO: OYO on plans to become global leader in vacation rentals in 2020
By Mitra Sorrells | December 18, 2019
OYO Vacation Homes CEO Tobias Wann discusses the company's rapid growth and global ambitions. Read More
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News / Online
PhocusWire's newsmakers of the year 2019
By Jill Menze / Kevin May | December 9, 2019
Our annual list of the newsmakers over the course of the past 12 months features three of the brands that have had the most impact on the news agenda. Read More
 alt='VIDEO: OYO's Ritesh Agarwal on growth and plans to address hotel owners’ concerns'  Title='VIDEO: OYO's Ritesh Agarwal on growth and plans to address hotel owners’ concerns'
News / Online
VIDEO: OYO's Ritesh Agarwal on growth and plans to address hotel owners’ concerns
By Mitra Sorrells | December 4, 2019
OYO CEO Ritesh Agarwal speaks about the company's growth and priorities for the coming year at The Phocuswright Conference. Read More