Söderström to invest in OYO and join Vacation Homes board
New Delhi: OYO and its European business of OYO Vacation Homes [OVH] have announced that Martin HP Söderström has joined
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OYO plans expansion into Egypt
Egypt: OYO Hotels & Homes has set its sight on the Egyptian market, following expansions into the UAE and Saudi
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OYO launches homestays in Gujarat
India: OYO has announced the expansion of its OYO homes brand into Kevadia, Gujarat, in line with the company’s mandate
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OYO promotes four new executives
India: OYO Hotels and Homes has announced it has promoted four employees to key executive positions. The four employees have
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OYO sees booking recovery in USA and Europe
US: According to the CEO of Indian hospitality chain OYO, Ritesh Agarwal, a recovery is visible in its US and
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OYO valuation reportedly drops to $8 billion
India: Hospitality unicorn OYO has reportedly seen its value drop from $10 billion [at the time of its last known
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OYO partners with Unilever for sanitising regime
Worldwide: Global hospitality chain OYO Rooms has announced a partnership with Unilever to enhance the company’s cleanliness and sanitisation regimes.
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OYO to lay off 90 per cent of US workers
US: Hospitality chain OYO is planning to lay off 90 per cent of its employees in the United States. Most
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OYO to lay off “large majority” of furloughed U.S. employees
US: Indian hospitality chain OYO is believed to have informed those employees who have been furloughed from the company indefinitely
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70 per cent of OYO hotels in China have reopened
China: OYO is seeing a small revitalisation of demand for travel, as 70 per cent of its Chinese hotels have
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