Blogs / News

Investing in the unlisted market can offer unique opportunities for investors looking to diversify their portfolio and potentially earn significant returns.

11 Feb, 2024,

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Oyo reports Rs. 30 crore Profit in Q3FY24

In a recent town hall meeting, OYO's Founder & CEO, Ritesh Agarwal, shared positive updates regarding the company's financial performance. He revealed that OYO achieved a twofold sequential growth ...

26 Jan, 2024,

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Malaysia's Khazanah Nasional Berhad in Talks for Funding Round with Oyo Hotels

Malaysia's sovereign wealth fund, Khazanah Nasional Berhad, is reportedly engaged in discussions to lead a fundraising round worth $400 million for Oyo Hotels. The Indian hotel-booking company, backed ...

19 Jan, 2024,

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OYO inaugurates 65 new hotels in Ayodhya, a boost for spiritual tourism and local economy

In a major move, OYO, a leading hospitality tech company, has announced the opening of 65 homestays and hotels in Ayodhya ahead of the Ram Temple consecration on January 22, 2024. This initiative come ...

09 Dec, 2023,

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OYO's Visionary Partnership: Elevating Hospitality Standards in Saudi Arabia

The Ministry of Municipal, Rural Affairs and Housing (MOMRA) of Saudi Arabia has enlisted OYO Rooms, a global travel-tech firm, for a comprehensive audit of accommodations. OYO will certify units adhe ...

03 Dec, 2023,

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OYO Unveils Prime Partner Program, Redefining Hotel Operations

OYO, a prominent player in the global hospitality technology landscape, has unveiled its groundbreaking 'Prime Partner Program' designed to acknowledge and incentivize its most adept hotel operators. ...

24 Nov, 2023,

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OYO Plans to Expand Holiday Home Portfolio in Dubai,ing to Digital Nomads

OYO Plans to Expand Holiday Home Portfolio in Dubai,ing to Digital Nomads In response to a rising demand for flexible-term accommodations from digital nomads, Indian hospitality chain OYO has set its ...

13 Sep, 2023, News

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Oravel Stays Limited : A Comprehensive Financial Review for FY 2022-23

Oravel Stays Limited, the parent Company of Oyo Rooms has recently published its annual financial report for the fiscal year 2022-23. This report uncovers significant financial trends across various p ...

28 Apr, 2023, News

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OYO Reports Positive Cash Flow in Q4 of FY23, Plans to Repay Debt with IPO Proceedv

In an internal employee town hall on Thursday, OYO shared some exciting news with its staff: the company has turned cash flow positive in the fourth quarter of the financial year 2023. Here's what you ...

28 Mar, 2023, News

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Oyo expects to achieve an adjusted EBITDA of nearly Rs 800 crore in fiscal year 2024.

Introduction: In a remarkable financial forecast, OYO, the renowned hospitality firm, has set an ambitious target of achieving an adjusted EBITDA of nearly Rs 800 crore in the fiscal year 2024. This g ...