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Budget Hotel

The National Company Law Tribunal (NCLT) ordered a stay on further proceedings against hospitality giant OYO’s subsidiary in an insolvency plea filed by a creditor earlier this month. 

OYO Gets Partial Stay Against Insolvency Process; Creditors Allege INR...

More than a week after one of OYO’s…
India’s Covid Surge Threatens To Derail Travel, Hospitality Industry Again

India’s Covid Surge Threatens To Derail On-The-Mend Travel, Hospitalit...

The year 2021 has taken a 360-degree turn…
The National Company Law Tribunal (NCLT) ordered a stay on further proceedings against hospitality giant OYO’s subsidiary in an insolvency plea filed by a creditor earlier this month. 

NCLAT Orders Stay In Insolvency Plea Against OYO Subsidiary

The National Company Law Tribunal (NCLT) ordered a…
OYO Raises INR 54 Cr From HT's Hindustan Media Ventures

OYO Challenges NCLT Insolvency Proceedings Against Subsidiary; Claims ...

The National Company Law Tribunal (NCLT) today (Wednesday, April 07, 2021) has…
OYO Raises INR 54 Cr From HT's Hindustan Media Ventures

OYO Is Exiting Loss-Making Ventures, Including OYO Life

As Covid-19 cases continue to rise in India, life is getting more…
OYO Hits The Breaks On Expansion Plans, To Cull Loss-Making Hotels: Report

OYO’s Singapore Arm Secures $200 Mn SoftBank Term Loan

The Singaporean subsidiary of hospitality major OYO Hotels & Homes has received…
Despite Zostel Claims Of Victory, Stalemate Continues In Tribunal Case Against OYO

Despite Zostel’s Claims Of Victory, Stalemate Continues In Tribunal Ca...

The three-year-long OYO vs Zostel (ZO Rooms) battle over execution of term…
OYO Raises INR 54 Cr From HT's Hindustan Media Ventures

OYO Valuation Crosses $9 Bn After Hindustan Media Ventures Investment

Hospitality giant OYO’s valuation has reportedly crossed the $9 Bn mark as…
OYO Raises INR 54 Cr From HT's Hindustan Media Ventures

OYO Offloads 150 Employees To Audit Giant KPMG In Cost-Cutting Measure...

Gurugram-based hospitality firm OYO has offloaded 150 employees to research and consultancy…
OYO Adds Swedish Billionaire Martin Soderstrom As Investor To Bolster EU Business

OYO Adds Swedish Billionaire Martin Soderstrom As Investor To Bolster ...

Hospitality unicorn OYO has raised an undisclosed amount from Swedish billionaire Martin…
OYO Raises INR 54 Cr From HT's Hindustan Media Ventures

OYO Raises INR 54 Cr From HT’s Hindustan Media Ventures

Hospitality unicorn OYO has raised INR 54 Cr (over $7.5 Mn) from…
Hospitality Giant OYO Lays Off Close To 300 Employees

Hospitality Giant OYO Lays Off Close To 300 Employees

Gurugram-headquartered hospitality firm OYO has laid off around 300 employees this month,…