Global rating agency Fitch Ratings has upgraded Oyo-parent company Oravel Stays’ long-term rating to “B” from “B-” with a “stable” outlook.
Ritesh Agarwal travel tips
skift.com
05.06.2024
India's Heatwave Has Record Numbers of Travelers Flying Outbound — India Report
Indian travelers have been booking outbound flights from major Indian airports in record numbers in a bid to escape the extreme heatwave, according to travel company Trevolution Group’s data.
skift.com
04.06.2024
Oyo Launches Premium Vacation Rental Homes in UK
Oyo is expanding the footprint of its premium vacation home rental brand, Belvilla: On Tuesday, it announced the launch of Belvilla by Oyo in the UK.
skift.com
22.05.2024
Oyo Pauses IPO – Plans to Refile After Refinancing
Indian hospitality company Oyo has withdrawn its application for an IPO, which it had filed in March 2023, according to a notification Wednesday by the Securities and Exchange Board of India (SEBI).
skift.com
21.03.2024
CEO of Oyo: ‘We Don't Need Access to Capital’
Despite reports of a public offering in limbo and more potential private investment, the CEO of Oyo said Wednesday the company has no need to raise more money right now.
skift.com
25.08.2023
Oyo Plans to Double Premium Hotel Count in Indonesia to 400
Oyo, the India-based budget hotel chain and booking platform, plans to double its premium segment hotel count in Indonesia from around 200 properties to over 400 by the end of 2023.
skift.com
25.08.2023
Hotels Hit Rocketship Growth in the Second Quarter
We read HVS Anarock’s Hotels & Hospitality Overview report for the second quarter and this is what we found out about the Indian hotel industry.
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