Worldwide: As we approach the end of 2023, we revisit the 20 stories that defined a year for short-term rentals, as well as our favourite video, podcast and webinar from the last 12 months.
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UAE: Indian hospitality chain OYO is aiming to add 500 holiday homes to its portfolio in Dubai in 2024 in order to cater to growing demand for flexible-term accommodations from digital nomads.
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India: According to reports, Indian hospitality chain OYO is seeking to raise $250 million from investors in a pre-IPO [initial public offering] funding round.
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India: Hospitality chain OYO has promoted Rakesh Kumar to the role of deputy chief financial officer [deputy CFO] ahead of its long-anticipated initial public offering [IPO], which could close before the end of 2023.
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India: Indian hospitality unicorn OYO is in talks with private equity firm Apollo Global Management to refinance a $660 million loan as the chain aims to reduce its debt in preparation for its initial public offering [IPO].
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India: Two senior figures at Indian hospitality unicorn Oyo have left the company before its proposed November IPO.
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India: Softbank-backed hospitality chain OYO is said to have confidentially submitted a “pre-filing” document for its long-anticipated initial public offering [IPO].
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India: 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.
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India: Hospitality chain OYO is planning to refile its draft red herring with the Securities Exchange Board of India [Sebi] by mid-February, as it continues to plot the path ahead for its planned initial public offering [IPO].
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India: The proposed initial public offering [IPO] for Indian hospitality chain OYO is set to be delayed once again after the national capital markets regulator asked its parent company to refile its draft IPO papers with certain updates.
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