OYO Hotels & Homes has named Troy Alstead, who previously served as Starbucks’ COO, as an independent member of its board of directors. The executive...
Hotel chain Oyo, which became one of the largest chains by offering hotel owners guaranteed revenues for carrying the brand, will phase out that incentive...
As it pursues profitability and aims to reduce expenditures, economy hotel firm OYO is reducing its worldwide workforce by 5,000 individuals. The newest wave of...
Losses widened this past year for OYO Homes & Hotels, as the SoftBank-backed company tried to expand into China, according to Reuters. The losses the...
India-based hotel group OYO is slowing its ambitions to be the world’s largest chain within the next three years, following a backlash from investors and...
No longer charging into market spaces (no matter the cost), many real estate startups are now slowing their growth to more carefully assess a better...
As it encounters pressure from SoftBank, its largest investor, to cut back on operating losses, budget hospitality company OYO is quickly scaling back. The firm...
The New York Times is reporting that OYO, a quickly growing hotel startup that aims to be the largest hotel chain in the world by...
India-based OYO has filed a valuation report with India’s ministry of corporate affairs indicating that the company did not expect to turn a profit until 2022,...