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OYO Rooms


Asia

OYO unlocks homes in Dubai to restore balance in hospitality

Making its way to the UAE’s largest, most populous, and trendiest city — OYO has announced the launch of OYO Homes in Dubai.


Global

2018 in review: Movers and shakers in the hotel space

Mergers, acquisitions, and billion-dollar funding rounds — so much have happened in 2018 and so I’ve thought of compiling them into one bite-sized piece.


China

Chinese media giant Tencent to invest in Indian budget hotel start-up OYO Rooms

Tencent Holdings Ltd. is in talks to lead a financing round of between US$300 million to US$500 million in Indian budget hotel brand OYO Rooms, valuing OYO at over US$2 billion, according to a media report.


Startups

MakeMyTrip Ltd renews OYO partnership

India’s largest online travel services provider, MakeMyTrip Ltd, formally announced that it entered an agreement with award-winning budget hospitality company OYO. The agreement entails hosting the online hotel chain’s economy, mid-segment and vacation rentals assets for booking through MakeMyTrip Ltd’s OTA platforms MakeMyTrip and Goibibo. This means MakeMyTrip and Goibibo customers can now choose from economy-mid […]