OYO

OYO secures $660M loan, keeps focus on post-pandemic growth
News / Online
OYO secures $660M loan, keeps focus on post-pandemic growth
By Kevin May | July 19, 2021
The India-based company initially secured the agreement in May this year for the Term Loan B, a financial mechanism whereby the amortization is set for between five and eight years. Read More
oyo-coo-interview
News / Online
Q&A: OYO on how it wants to emerge from the COVID crisis
By Mitra Sorrells | June 8, 2021
Abhinav Sinha, COO of India-based OYO, discusses what the company has learned through the pandemic, new tech products it has launched and its plans for future growth. Read More
oyo-7.4m-series-f
News / Online
OYO raises $7.4M as part of Series F round
By Mitra Sorrells | January 11, 2021
The new capital comes from Hindustan Media Ventures.  Read More
VIDEO: OYO on doubling down on what works during a pandemic
News / Online
VIDEO: OYO on doubling down on what works during a pandemic
By Kevin May | December 14, 2020
OYO's strategy to get into the rental accommodation business could eventually be seen, once the dust settles on the pandemic, as a bit of a lifeline for the business. Read More
Tobias Wann leaves as CEO of OYO's vacation rental unit
News / Distribution
Tobias Wann leaves as CEO of OYO's vacation rental unit
By Linda Fox | July 2, 2020
After a year heading OYO Vacation Homes, Tobias Wann has handed the reins to chief operating officer Raj Kamal. Read More
oyo-fy19-financials
News / Distribution
International expansion swells losses for OYO to $335M
By Linda Fox | February 17, 2020
The company reported revenue of $951 million in its full-year earnings for 2019, a more than four-fold increase year-over-year. Read More
OYO acquires TUI's rental tour operating business
News / Online
OYO acquires TUI's rental tour operating business
By Kevin May | February 3, 2020
The move comes as part of a sale that began in December 2019 when Germany-based E-Domizil acquired Wolters Reisen from TUI Group for an undisclosed fee. Read More
VIDEO: OYO on plans to become global leader in vacation rentals in 2020
News / Distribution
VIDEO: OYO on plans to become global leader in vacation rentals in 2020
By Mitra Sorrells | December 18, 2019
OYO Vacation Homes CEO Tobias Wann discusses the company's rapid growth and global ambitions. Read More
PhocusWire's newsmakers of the year 2019
News / Online
PhocusWire's newsmakers of the year 2019
By Jill Menze / Kevin May | December 9, 2019
Our annual list of the newsmakers over the course of the past 12 months features three of the brands that have had the most impact on the news agenda. Read More
VIDEO: OYO's Ritesh Agarwal on growth and plans to address hotel owners’ concerns
News / Online
VIDEO: OYO's Ritesh Agarwal on growth and plans to address hotel owners’ concerns
By Mitra Sorrells | December 4, 2019
OYO CEO Ritesh Agarwal speaks about the company's growth and priorities for the coming year at The Phocuswright Conference. Read More
In the green room at Phocuswright with... Ritesh Agarwal
Interview / Online
In the green room at Phocuswright with... Ritesh Agarwal
By PhocusWire | November 5, 2019
In a series of interviews with executives participating at the event in Florida in November, PhocusWire finds out what makes them tick... Next up: Ritesh Agarwal of OYO Hotels and Homes. Read More
The Phocuswright Conference 2019 preview - Outside forces may correct travel startup growth
News / Startups
The Phocuswright Conference 2019 preview - Outside forces may correct travel startup growth
By PhocusWire | November 1, 2019
The figures are extraordinary, in many respects - there was a 55% increase year-over-year ($5.7 billion) in the amount of money going into travel startups. Read More
travelfish q&a
News / Online
Q&A: Travelfish's Stuart McDonald on the OYO and Instagram problems plaguing Southeast Asia
By Jill Menze | October 31, 2019
The Travelfish co-founder gets candid on why OYO's model is flawed, Google needs to relent and "influencers are like influenza." Read More
OYO 1.5b series f 10b valuation
News / Online
OYO founder funnels $700M into new $1.5B round, valuing company at $10B
By Mitra Sorrells | October 7, 2019
India-based hospitality company OYO Hotels & Homes will use its latest funding round – a $1.5 billion Series F – to expand its vacation rentals business in Europe and to grow its overall presence in the... Read More
southeast asia part 1 overview
News / Online
Southeast Asia, part 1: How low-cost options, mobile reliance are driving travel transformation
By Mitra Sorrells | October 7, 2019
We begin our monthlong exploration of travel in Southeast Asia with an overview of the market. Read More