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OYO undergoes senior management reshuffle ahead of IPO
Reading Time: 2 minutesIndia: Hospitality chain OYO has undergone a major overhaul of its senior management team led by founder and CEO, Ritesh Agarwal, ahead of the company’s proposed IPO.
OYO Hotels & Homes completes Danamica acquisition
Reading Time: 2 minutesDenmark: Oyo Hotels & Homes has announced it has completed the acquisition of Copenhagen-based data science company Danamica for an undisclosed amount. The news follows a matter of weeks on from OYO’s announcement in August that it was planning to inject around €300 million into its vacation rentals business. That indicated a renewed drive by […]
OYO acquires Amsterdam-based @Leisure Group
Reading Time: 3 minutesNew Delhi / Amsterdam / London: OYO Hotels & Homes has agreed to purchase Amsterdam-based vacation rental company @Leisure Group. @Leisure manages holiday homes, holiday parks and holiday apartments, and OYO has acquired the firm from media and technology company, Axel Springer. @Leisure Group, through its Belvilla, DanCenter, and Danland brands, offers more than 30,000 […]
Airbnb announces Series E investment in OYO
Reading Time: 3 minutesWorldwide: Airbnb has confirmed it has invested in OYO Hotels & Homes’ Series E funding, which is reported to be worth between $100 million and $200 million. The US-based rental platform has not disclosed the amount or terms of the Series E investment publicly, which was announced back in September. Up to this point, OYO […]