OYO

 alt='Oyo restructuring India'  title='Oyo restructuring India'
News / Online
OYO restructures to scale up hotels and homes business
By Kathryn Walson | December 5, 2022
The India-based company is adding 250 employees to partner-relationship management and business development teams. Read More
 alt='oyo-mmt-anti-competitive-behavior'  title='oyo-mmt-anti-competitive-behavior'
News / Online
MakeMyTrip and OYO fined for anti-competitive behavior
By Linda Fox | October 21, 2022
MakeMyTrip-Goibibo (MMT-Go) has been fined for abusing a dominant position as well as having an anti-competitive arrangement with OYO, which is also being fined. Read More
 alt='oyo-ipo-2023'  title='oyo-ipo-2023'
News / Online
OYO looks to IPO again as results improve
By Linda Fox | September 19, 2022
The company initially filed its IPO documents with SEBI, the stock exchange of India, just under a year ago. Read More
 alt='oyo-acquires-danish-rental-company'  title='oyo-acquires-danish-rental-company'
News / Online
OYO adds European vacation rentals with acquisition of Danish operator
By Mitra Sorrells | August 10, 2022
OYO's acquisition of Bornholm-based Bornholmske Feriehuse adds more than 730 homes to its DanCenter vacation rental brand. Read More
 alt='oyo-vacation-rental-direct-booker'  title='oyo-vacation-rental-direct-booker'
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
 alt='OYO, Hopper bet on gamification to drive user retention'  title='OYO, Hopper bet on gamification to drive user retention'
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
 alt='oyo-public-listing'  title='oyo-public-listing'
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
 alt='microsoft-oyo-partnership'  title='microsoft-oyo-partnership'
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
 alt='oyo-onboarding-self-service'  title='oyo-onboarding-self-service'
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
 alt='OYO secures $660M loan, keeps focus on post-pandemic growth'  title='OYO secures $660M loan, keeps focus on post-pandemic growth'
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
 alt='oyo-coo-interview'  title='oyo-coo-interview'
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
 alt='oyo-7.4m-series-f'  title='oyo-7.4m-series-f'
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
 alt='VIDEO: OYO on doubling down on what works during a pandemic'  title='VIDEO: OYO on doubling down on what works during a pandemic'
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
 alt='tobias-wann-oyo-quits'  title='tobias-wann-oyo-quits'
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
 alt='oyo-fy19-financials'  title='oyo-fy19-financials'
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