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Oravel Stays began operating OYO hotels in the U.S. in 2019, and currently runs over 320 hotels across 35 states. The company operates over 157,000 hotels and homes in 35 countries.
Motel 6, the economy budget motel that has existed for six decades, announced that it will be acquired by Oyo, an Indian-based travel company, in a multi-million dollar sale. But there is no need ...
Oyo Hotels is delaying its plans for an October IPO after opposition from SoftBank Group Corp. and a tumultuous turn in the stock market this year.. SoftBank has balked at the proposed timing and ...
Hotels, agencies say travel demand is softening 02:21. The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India.. The New York-based ...
Indian budget hotel chain Oyo is delaying its third IPO attempt amid opposition from largest shareholder SoftBank and market volatility, aiming to now list by March 2026 at a valuation of $7 ...
While this represents a 38% premium to Oyo’s recent $2.3 billion valuation in June, the implied price tag remains significantly below the startup’s 2019 peak of $10 billion. Oyo has raised ...
Oyo plans to rename parent company Oravel Stays as part of a premiumisation push ahead of IPO plans. Founder Ritesh Agarwal invites name suggestions with a Rs 3 lakh prize. The firm is expanding ...
Oyo acquires Paris-based Checkmyguest for $27.4 million, including Studio Prestige and Helpmyguest. This is Oyo's third major acquisition in the European short-term rental market.
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