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Podcasts
On this week's podcast, our India-based editors look at IndiGo's new business class offering and discuss the latest on Oyo's IPO plans.
Skift | 4 months ago
Hotels
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
Daily Lodging Report
Oyo is seeking to raise $80-$90 million from InCred's family offices at a reduced valuation to pay off debt and refile for an IPO.
4 months ago
Online Travel
Has Oyo withdrawn its draft red herring prospectus? Yes. Has it shelved its IPO plans? No. According to sources, the withdrawal of Oyo's draft papers does not indicate that the hospitality company is abandoning its plans to go public.
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 CEO Ritesh Agarwal talked candidly about his dramatic past year. He saw his business thrive and became a judge on the popular TV show Shark Tank India. However, he also suffered personal loss and saw an IPO filing stall.
Rashaad Jorden | 6 months ago
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
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
Oyo launched an accelerator program last year to support first-generation hoteliers. The credit facility boosts India's hospitality industry.
Skift | 6 months ago
Airlines
Air travel in India is recovering rapidly, and as the demand is rising, the sector remains underserved. Efforts are being ramped up to improve aviation infrastructure in the country.