Services
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Opportunity India Desk Sep 12, 2019 - 2 min readOYO Hotels & Homes has acquired 64-suites building near Ellis Bridge in Ahmedabad. With this, the SoftBank-backed company is foraying into the four-star hotels segment in India. Indian hospitality unicorn has partnered with Gurugram-based hospitality firm Mountania Developers to redesign the building into a premium hotel, which will be operated under OYO brand, by the end of this year. The ...
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Opportunity India Desk Sep 12, 2019 - 1 min readOla, an app-based cab aggregator, has been granted a licence to launch self-drive cab rental service in Bengaluru in addition to its existing businesses. Ola will likely offer these cars on a short-term rental, long-term subscription and corporate leasing models. Termed ‘Ola Drive’, Ola is testing the pilot in Bengaluru presently for a select number ...
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Opportunity India Desk Sep 11, 2019 - 1 min readOYO has forayed into Mexico to strengthen its presence in the Latin American markets. In August, the hospitality firm had expanded footprints in the US and partnered with hospitality investment and management company Highgate to launch first key flagship property, OYO Hotel & Casino in Las Vegas, US. OYO has started operations in Mexico with ...
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Opportunity India Desk Sep 10, 2019 - 1 min readOYO Hotels & Homes has grown its presence in India to more than 500 cities with a focus on tier 2 and 3 cities and smaller towns. This expansion is in line with the hospitality firm’s objectives of going deeper in existing markets and metros while also forming a stronger national network through a presence ...
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Opportunity India Desk Sep 05, 2019 - 2 min readOYO Hotels & Homes, South Asia’s largest, the world’s third-largest and fastest-growing chain of leased and franchised hotels, homes & living spaces and PlanetSpark, an EdTech startup, have entered into a partnership to bring education closer to children. Under this partnership, OYO is offering space in OYO Townhouse across the country to PlanetSpark to set ...
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Opportunity India Desk Aug 26, 2019 - 1 min readOYO Hotels and Homes, the Gurugram-based hospitality chain, has acquired the Hooters Casino Hotel Las Vegas. This is the SoftBank-backed company’s first property purchase in the US. OYO has partnered with Highgate, an American real estate investment and hospitality management company, for this expansion in the US. With this acquisition, Hooters Casino Hotel will now be ...
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Opportunity India Desk Aug 22, 2019 - 1 min readOYO will hire more than 3,000 employees across multiple functions in six months to fuel its next phase of growth in India. With this move, the hospitality firm is working towards its commitment of investing Rs 1,400 crore by the end of 2019 in India and South Asia business. This development is in line with the ...
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Opportunity India Desk Aug 20, 2019 - 1 min readOYO Hotels & Homes has launched multi-lingual support, including Hindi and Bahasa languages, on its customer app and mobile web platforms. With this launch, the company is aiming to provide a hassle-free and customised booking experience to millions of users across the world The multi-lingual support is now available for Hindi, English, Bahasa (Indonesia), Arabic, ...
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Opportunity India Desk Aug 17, 2019 - 1 min readAfter entering the coastal city in November 2016, OYO Hotels & Home is now planning to expand its operations in Visakhapatnam. The hospitality firm is aiming to invest Rs 100 crore towards capex, infrastructure and talent in Visakhapatnam in the coming days. The company further targets to create more than 5,500 direct and indirect employment ...
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Opportunity India Desk Aug 16, 2019 - 1 min readOYO Hotels & Homes will be investing €300 million to strengthen its vacation home rental business in Europe. It will focus on building the largest vacation rental management service business in Europe Currently, OYO Vacation Homes, part of OYO Hotels, is present in Europe through its recently acquired vacation rental management brands including Belvilla, Danland, ...