Articles tagged “oyo”

Hotels

Oyo to Buy Motel 6 for $525 Million in U.S. Expansion Bid

Oyo, based in India, has tried for years to gain traction in the U.S., but it has claimed that competitors have played hardball. It's now betting that buying a network is its best way to gain scale fast.

Sean O'Neill | 12 hours ago

Oyo to Buy Motel 6 for $525 Million in U.S. Expansion Bid

Hotels

Skift Power Rankings: Ritesh Agarwal

Ritesh Agarwal revolutionized the budget hotel industry in India. Oyo has transcended its status as a brand to become a shorthand for budget-friendly hotels.

Peden Doma Bhutia | 2 weeks ago

Skift Power Rankings: Ritesh Agarwal

Online Travel

Oyo Expands European Footprint with Acquisition of Paris-Based Checkmyguest

As Oyo keeps pushing forward in Europe, snapping up Checkmyguest and its affiliates drives home the company’s determination to carve out a spot in the global vacation rental market.

Peden Doma Bhutia | 1 month ago

Oyo Expands European Footprint with Acquisition of Paris-Based Checkmyguest

Ground Transport

Ixigo-Backed Bus Startup Raises $10.5 Million – India Report

Buses are key to last mile travel in India, connecting people from smaller Indian towns to international and domestic destinations. The funding reflects a positive outlook of investors towards the bus industry as more online players enter the segment.

Bulbul Dhawan | 1 month ago

Ixigo-Backed Bus Startup Raises $10.5 Million – India Report

Tourism

How the Indian Diaspora Is Supporting India’s Inbound Travel Growth – India Report

Trevolution Group's data on international travel to India highlights the country's growing popularity as a tourist destination.

Bulbul Dhawan | 1 month ago

How the Indian Diaspora Is Supporting India’s Inbound Travel Growth – India Report

Online Travel

Oyo Raises $175 Million in Latest Funding Round, Valuation Sinks to $2.4 Billion

Oyo’s significantly reduced valuation could imply a delay in IPO plans until market conditions and investor confidence improve.

Peden Doma Bhutia | 1 month ago

Oyo Raises $175 Million in Latest Funding Round, Valuation Sinks to $2.4 Billion

Tourism

India Allows Visa-on-Arrival for 3 Countries – India Report

India's move to allow visa-on-arrival to Japan, South Korea, and the UAE nationals can significantly boost international tourism, given the close ties and proximity of the three countries to India. But is it enough?

Bulbul Dhawan | 2 months ago

India Allows Visa-on-Arrival for 3 Countries – India Report

Hotels

Oyo Launches Premium Hotel Brand in Dubai for Indian Travelers

Oyo looks to make the most of India's burgeoning outbound travel market, as evidenced by its recent launch of premium hotels in popular destinations for Indian tourists.

Peden Doma Bhutia | 3 months ago

Oyo Launches Premium Hotel Brand in Dubai for Indian Travelers

Tourism

India’s Heatwave Has Record Numbers of Travelers Flying Outbound — India Report

Summer is peak travel time for Indians due to vacations. However, this time, it is the heat that is pushing people out of their homes and to cooler destinations - but not the domestic ones. Here's why.

Bulbul Dhawan | 4 months ago

India’s Heatwave Has Record Numbers of Travelers Flying Outbound — India Report

Hotels

Oyo Launches Premium Vacation Rental Homes in UK

While Oyo's global expansion plans had been on pause mode during Covid, the hospitality company now seems to be diversifying its geographic footprint.

Peden Doma Bhutia | 4 months ago

Oyo Launches Premium Vacation Rental Homes in UK