OYO

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

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

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

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

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

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

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

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

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

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

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

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

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

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