Tag Archives: OYO

Oyo shortlists investment banks for USD 1.2 billion IPO

OYO launches COVID-19 hotel partner bereavement support

The post Oyo shortlists investment banks for USD 1.2 billion IPO appeared first on TD (Travel Daily Media) Travel Daily. SoftBank-backed Oyo Hotels & Rooms has shortlisted JP Morgan, Kotak Mahindra Capital and Citi for its more than USD 1.2 billion initial public offering in India. The three investment banks were taken on board recently. […]

Microsoft continues to dabble in travel with its potential OYO investment

Microsoft continues to dabble in travel with its potential OYO investment

The post Microsoft continues to dabble in travel with its potential OYO investment appeared first on TD (Travel Daily Media) Travel Daily. Indian hospitality start-up OYO found a new godfather as reports claimed that software giant Microsoft is in advanced talks to buy some stakes in the budget hotel chain ahead of its impending public […]

OYO launches COVID-19 hotel partner bereavement support

OYO launches COVID-19 hotel partner bereavement support

The post OYO launches COVID-19 hotel partner bereavement support appeared first on TD (Travel Daily Media) Travel Daily. OYO has announced ‘Samarthan by OYO’, which includes several welfare benefits for the families of hotel partners and home-owners, deceased due to COVID-19 as part of its bereavement support in the country. In the unfortunate event of […]

OYO raises USD 660 million debt from investors

OYO raises USD 660 million debt from investors

The post OYO raises USD 660 million debt from investors appeared first on TD (Travel Daily Media) Travel Daily. OYO has raised a term loan B (TLB) funding of USD 660 million from global institutional investors. The offer was oversubscribed by 1.7 times and the company received commitments of close to USD 1 billion from […]

Oyo, Airbnb, EaseMyTrip and Yatra come together to launch CHATT

Oyo, Airbnb, EaseMyTrip and Yatra come together to launch CHATT

The post Oyo, Airbnb, EaseMyTrip and Yatra come together to launch CHATT appeared first on TD (Travel Daily Media) Travel Daily. The COVID-19 pandemic has exerted a tremendous impact on the tourism, hospitality and technology industry worldwide. Last year, inspired by the feedback from India’s small hotels, independent hosts and travel operators, leading players of […]

SoftBank pulls out of Oyo partnership in Latin America

SoftBank pulls out of Oyo partnership in Latin America

The post SoftBank pulls out of Oyo partnership in Latin America appeared first on TD (Travel Daily Media) Travel Daily. The Latin American unit of Indian hotel startup Oyo Corp. has ended its joint venture with the SoftBank Latin America Fund, less than six months after they struck a partnership in the region, both companies […]

MG Group announces direct connectivity integration with OYO Group

MG Group announces direct connectivity integration with OYO Group

The post MG Group announces direct connectivity integration with OYO Group appeared first on TD (Travel Daily Media) Travel Daily. MG Group has announced direct connectivity with OYO INDONESIA. The new cooperation between MG Group and OYO will facilitate thousands of frontline bookers to dynamically access the full set of OYO Indonesia products and services. […]

OYO to cover COVID-19 vaccination costs for employees and families in India

The post OYO to cover COVID-19 vaccination costs for employees and families in India appeared first on TD (Travel Daily Media) Travel Daily. OYO Hotels & Homes, the world’s leading technology and revenue growth platform for small hotels and homeowners, announced that it would be covering vaccination costs for all employees in India and their […]

OYO adds Covid positive quarantine and isolation facilities next door

OYO adds Covid positive quarantine and isolation facilities next door

The post OYO adds Covid positive quarantine and isolation facilities next door appeared first on TD (Travel Daily Media) Travel Daily. In the wake of the second wave of the pandemic, there is a dire need to build capacity and support the health care system with existing infrastructure. Extending its support to India’s healthcare system […]

Shelter for all! GiveIndia and Oyo launch fundraiser for underprivileged during COVID-19 recovery

Shelter for all! GiveIndia and Oyo launch fundraiser for underprivileged during COVID-19 recovery

The post Shelter for all! GiveIndia and Oyo launch fundraiser for underprivileged during COVID-19 recovery appeared first on TD (Travel Daily Media) Travel Daily. With a peak in daily cases across the country, COVID-19 has led to a shortage of safe spaces for the underprivileged during their recovery from COVID-19. GiveIndia and OYO Care have […]

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