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Articles tagged “oyo”

Hotels

Oyo Taps Hotelbeds to Increase Travel Distribution

Oyo has had plenty of success in its home market of India going direct to consumers, but if it’s to continue its global expansion plans it needs more routes to market.

Oyo Taps Hotelbeds to Increase Travel Distribution

Hotels

Oyo to Flood Japan With Budget Hotels in New Deal With SoftBank

Japan is a destination that’s never, ever described as affordable. But Oyo, with its budget hotel concept, could be transformational for its tourism economy.

Oyo to Flood Japan With Budget Hotels in New Deal With SoftBank

Hotels

Airbnb Will Invest Up to $200 Million in India’s Budget Hotel Chain Oyo

So it's finally confirmed. Airbnb is investing up to $200 million in India's budget hotel chain Oyo, a deal that India Oyo observers say has big upsides for both companies.

Airbnb Will Invest Up to $200 Million in India’s Budget Hotel Chain Oyo

Hotels

Airbnb’s Potential Investment in Oyo, Explained

This year is shaping up to be the year when Airbnb gets all of its ducks in a row before the big IPO. Investing in adjacent businesses like Oyo is a major part of that strategy. But will any of this ultimately matter — or make a difference — once the company goes public?

Airbnb’s Potential Investment in Oyo, Explained

Hotels

Airbnb Has Big Plans for China and India

Airbnb projects at least 40 percent of its business will be from emerging markets by 2030, with Asian markets such as China and India driving the growth. The homesharing giant is building the foundations and investing big-time in its Asian future.

Airbnb Has Big Plans for China and India

Hotels

Oyo Partners With Yahoo to Bring Its New Home Rental Model to Japan

India's Oyo should feel at home in Japan, home of its biggest financier SoftBank. But will this automatically translate to success for Oyo? This is why it is starting its expansion in Japan with a new long-stay model.

Oyo Partners With Yahoo to Bring Its New Home Rental Model to Japan

Hotels

What Oyo’s Latest Results Say About the Business of Budget Hotels

The business of budget hotels is obviously hard when you consider Oyo’s latest financial report. But the startup, now five years in operation and bankrolled by SoftBank, appears to have the stamina to reach the breakeven point in the next few years.

What Oyo’s Latest Results Say About the Business of Budget Hotels

Online Travel

Oyo Enters the U.S. Budget Hotel Market

Oyo has a seductive model of renovating budget hotels, running them efficiently through technology, and marketing them directly to consumers. But the startup risks imperial overreach by entering markets like the U.S. that differ significantly from its core markets in India and China.

Oyo Enters the U.S. Budget Hotel Market

Online Travel

What India Reveals About the Future of Online Travel: A Skift Deep Dive

Surprising factors have delayed the coronation of MakeMyTrip Group as India's queen of domestic online travel. Paytm came out of nowhere to grab share, Oyo upended budget hotel distribution, Ixigo tried to make price comparison chic, and Booking.com outmaneuvered Expedia for premium hotel bookings. From this scrappy mix, online travel will find new lessons.

What India Reveals About the Future of Online Travel: A Skift Deep Dive

Hotels

Oyo Doubles Investment Plans in Southeast Asia to $200 Million

Oyo has the money to spend and is putting skin in the game to scale fast in Southeast Asia. The region’s industry will be hearing a lot more of Oyo in 2019. But not everyone may be enthralled.

Oyo Doubles Investment Plans in Southeast Asia to $200 Million