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OYO Rooms
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OYO Hotels & Homes: A Rapid Rise in the Hospitality Sector OYO, headquartered in Gurgaon, is a multinational hospitality chain offering leased and franchised hotels, homes, and living spaces globally. Founded in 2012 by Ritesh Agarwal, the company initially focused on budget accommodations. Its ...
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- Company type Private
- Industry Hospitality
- Founded 2012
- Founders Ritesh Agarwal
- Headquarters Gurgaon, Haryana, India
- Area served Asia, Europe and Americas
- Key people Ritesh Agarwal (Group CEO)
- Revenue ₹5,388 crore (US$620 million) (FY24)
- Net income ₹229 crore (US$26 million) (FY24)
- Number of employees 1,330 (2023)
- Subsidiaries Motel 6
- Website www.oyorooms.com
Related Other Pages:
- MakeMyTrip and Airbnb
OYO Rooms history
Last Updated : 19/03/25, 04:27 AM
OYO: A Rapid Ascent in the Hospitality Sector Launched in 2012 as Oravel Stays by Ritesh Agarwal, OYO quickly transformed into a leading budget accommodation platform. Early success included a $100,000 Thiel Fellowship grant. Strategic acquisitions followed, including Qlik Pass's data science team i...
OYO ROOMS NEWS
Oyo's ‘family friendly’ push: Young people need private spaces – denying it does no good
January 07, 2025 3:14 pm
The term 'family friendly' often masks a deep-seated discomfort with those who choose to live outside the traditional institution of marriage. Oyo’s USP, from the get go, was being a place people turned to for intimacy in non-traditional set ups.
Shark Tank India: Luvottica founder on Anupam Mittal calling his brand 'inspired by Kamasutra', claims he made OYO Rooms' Ritesh Agarwal 'awkward'
April 10, 2024 8:05 am
In an exclusive interview, Luvottica founder shared that the traffic on his website has grown 10x, while orders for yoga, as well as sexual furniture, have increased by 5x.
Oyo Hotels mulls cutting IPO size amid tech headwinds, says report
March 27, 2023 3:56 pm
Oyo is preparing to file a fresh IPO document as soon as this week, according to the report.
OYO to double premium hotels in India in 2023
February 21, 2023 3:10 pm
Oyo's premium hotel brands include Townhouse Oak, OYO Townhouse, Collection O and Capital O.
Couples filmed in Noida hotel rooms using hidden cameras: OYO begins internal probe
October 23, 2022 5:22 pm
While OYO did not issue any official comment, sources at the company clarified that hotels are not associated with the company but are merely listed on its platform.
Noida: Two Ghaziabad men arrested for duping people who wanted to book OYO hotel rooms
July 12, 2022 3:22 pm
Noida police filed an FIR on July 10 based on the complaint of an owner of a SIM card shop in Chaajarsi who grew suspicious when the accused frequently purchased SIM cards from him,
OYO elevates India & South Asia CEO Aditya Ghosh to board of directors
December 02, 2019 9:41 pm
Rohit Kapoor, currently CEO of the new real estate businesses of the company, has been appointed as CEO (India & South Asia) for OYO Hotels & Homes.
Delhi: Junior shooter electrocuted in Delhi OYO hotel room
October 15, 2019 4:44 am
DCP (South East) Chinmoy Biswal said, "We suspect the boy died due to an electric shock from appliances in the bathroom. We have registered an FIR under IPC section 304A (death due to negligence)."
Manager who denied room to Kashmiri man in Delhi warned, says OYO
August 21, 2019 1:10 am
“This was an absolutely isolated incident. No person is being denied accommodation in our hotels because they hold identity cards of J&K. We have among the largest number of hotels in J&K,” the employee said.
Oyo founder inks deal to buy back shares worth $2 bn; his stake to rise threefold
July 20, 2019 6:12 am
As per sources in know of the matter, after the entire process is completed, Ritesh Agarwal’s stake in Oyo will rise from the current 9-10 per cent to around 30 per cent. This would take the valuation of the company to around $10 billion.
