Services
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Opportunity India Desk Jul 17, 2019 - 1 min readOYO Hotels and Homes has announced its vertical expansion into the co-working real estate segment with the introduction of OYO Workspaces. Led by Rohit Kapoor, CEO of New Real Estate Businesses, OYO Workspaces is a fully controlled workspaces solutions provider, designed to meet the needs of more than 80% of the working population in India. ...
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Opportunity India Desk Jul 11, 2019 - 1 min readOYO Hotels & Homes has emerged as the world’s third largest hotel chain, in terms of room count. US and Europe emerged as the hospitality firm’s strong growth drivers. Since inception, OYO has expanded its presence to more than 800 cities, nearly over 23,000 OYO-branded hotels and 850,000 rooms. The company also claims to have created more than 300,000 direct and ...
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Opportunity India Desk Jul 06, 2019 - 1 min readLondon’s transport agency has given permission to India’s Ola to launch its ride-hailing service in the UK capital. With this, the competition for Uber intensifies in one of the world’s largest taxi markets. Ola has received a private hire vehicle licence from Transport for London. It is planning to start its service around September. An ...
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Opportunity India Desk Jun 27, 2019 - 1 min readIn order to fuel its growth in the country, OYO Hotels and Homes has announced a year-long strategic partnership with China's leading e-commerce platform Meituan. Initially, OYO Jiudian (Hotels), which is the largest single hotel brand in China and the second-largest hotel group in the country, will be listing 8,000 of its standardized accommodations on ...
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Opportunity India Desk Jun 26, 2019 - 1 min readOyo Hotels and Homes has crossed 5 lakh rooms inventory in China. As part of ongoing expansion, the hospitality firm is planning to invest $100 million in China in the next two years. The company is investing for quality as well as system improvements and customer service in the country. Oyo has expanded its presence to ...
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Opportunity India Desk Jun 18, 2019 - 1 min readThe Chinese subsidiary of Oyo Hotels & Homes, Oyo Jiudian will add another 50,000 rooms to its inventory this month that will touch the half-a-million rooms mark in China. Through this expansion, a substantial part of Oyo’s inventory will be listed on China's biggest OTA Ctrip by the end of this month. Last month, Oyo had entered into a strategic ...
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Opportunity India Desk Jun 11, 2019 - 1 min readOYO Hotels and Homes, the world’s sixth largest and fastest-growing chain of leased and franchised hotels, is planning to double its presence in Odisha, taking the count of rooms to more than 10,500 by the end of 2019. Aditya Ghosh, Chief Executive Officer (India and South Asia), OYO Hotels and Homes, said, “We are planning ...
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Opportunity India Desk Jun 03, 2019 - 1 min readOYO Hotels & Homes has launched a Cash-in-Bank (CiB) facility for its asset owners. This initiative will allow the asset owners to upgrade and renovate their properties. The new financing facility is the second initiative by OYO under its recently-launched partner engagement programme. Through this facility, the asset owners can avail of collateral-free business loans to meet their expansion ...
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Opportunity India Desk May 24, 2019 - 1 min readOYO Hotels & Homes has now become the second-largest hotel group and company in China. The firm is the world’s sixth largest and fastest-growing chain of leased and franchised hotels, homes & living spaces. OYO has expanded its presence to 320 cities in a short span of 1.5 years. It has nearly 10,000 OYO-branded hotels ...
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Opportunity India Desk May 07, 2019 - 1 min readOYO, the hotel leasing chain and franchise, has posted over double growth in bookings helped by the peak travel season in summer. The growth has been resulted by an increase in travellers who plan their holidays in advance, as compared to the booking period of Jan- Mar in 2018. Goa, Delhi and Bengaluru were the ...