Articles tagged “ritesh agarwal”

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

Hotels

Oyo’s Fitch Rating Gets an Upgrade: What Led to the Change

This upgrade is a testament to Oyo's strengthening financial position and the broader positive trends within India's hospitality industry.

Peden Doma Bhutia | 4 months ago

Oyo’s Fitch Rating Gets an Upgrade: What Led to the Change

Hotels

Oyo Plans to Add 250 Hotels in U.S. This Year

While Oyo may look to go upscale in India its growth strategy in the U.S. primarily relies on its budget hotel segment.

Peden Doma Bhutia | 5 months ago

Oyo Plans to Add 250 Hotels in U.S. This Year

Hotels

CEO of Oyo: We Don’t Currently Need Access to Capital

Oyo has been focused on hyper-growth. Its CEO wants to keep going, but he's happy to take a pause first if needed.

Justin Dawes | 6 months ago

CEO of Oyo: We Don’t Currently Need Access to Capital

Hotels

Skift India Summit 2024: Oyo’s Funding Needs, Future of Air India and More – India Report

Oyo's IPO has been in focus for years. Its profitability and subsequent stable situation is indicative of the robust Indian hotel industry.

Bulbul Dhawan | 6 months ago

Skift India Summit 2024: Oyo’s Funding Needs, Future of Air India and More – India Report

Hotels

India’s Oyo Hotel Startup to Target $9 Billion Valuation in IPO

Among Softbank's holdings, Oyo does not appear to be another WeWork calamity. However, under the glare of being a public company, Oyo would be challenged to get to profitability, and to remedy its ongoing brand reputation challenges.

Dennis Schaal | 3 years ago

India’s Oyo Hotel Startup to Target $9 Billion Valuation in IPO

Hotels

Oyo Hotels Eliminates U.S. and China as Focus for Growth

Critics have been saying for years that Oyo needed to get its house in order and to tamp down on its reckless growth plans. Whether that actually happens or not will become clear over the next year or two.

Dennis Schaal, Skift | 3 years ago

Oyo Hotels Eliminates U.S. and China as Focus for Growth

Coronavirus

What’s Going On With Oyo, 10 Months Into the Pandemic

Oyo and its founder have long been accused of being heavy on spin even though all acknowledge that the hotel chain has been a category creator. This interview is excellent because Agarwal faced tough questioning. We know a politician who would have walked out.

Dennis Schaal, Skift | 4 years ago

Hotels

Where Does Oyo Go From Here? The Long View This Week

Acknowledging a company's shortcomings is a first step toward fixing them. But Oyo will really have to transform its practices if it has any hope of mending relations with hotel owners, some of whom feel burned.

Dennis Schaal, Skift | 4 years ago

Where Does Oyo Go From Here? The Long View This Week