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OYO: India's Best Online Hotel Booking Site for Sanitised Stays Bangalore Chennai Delhi Gurgaon Hyderabad Kolkata Mumbai Noida Pune All Cities Over 157,000 hotels and homes across 35 countries Near me Fri, 27 Jan – Sat, 28 Jan 1 Room, 2 Guests Get access to exclusive deals Only the best deals reach your inbox
Same OYO comfort. A platform with a network of over 3,30,000+ hotels and homes across the globe, OYO has a global footprint & recognition. From luxurious villas to budget-friendly hotels, from sea-facing rooms to hill-top suites, OYO has a vast variety of hotels and homes suited for everyone and every mood.
OYO is the world’s third-largest hotel and vacation homes chain with a presence in over 80+ countries. Our network in the USA is spread across 70+ cities, with 250+ hotels and over 15,000+ rooms....
OYO Rooms (stylised as OYO), also known as OYO Hotels & Homes, is an Indian multinational hospitality chain of leased and franchised hotels, homes, and living spaces. Founded in 2012 by Ritesh Agarwal, OYO initially consisted mainly of budget hotels.
Oyo ’s adjusted Ebitda for the second half of financial year 2022-2023 is expected to rise to Rs 185 crore, potentially marking the company’s first full financial year of adjusted Ebitda profitability, the company told employees in a recent townhall meeting.
OYO faced backlash from 10,000 hotel owners in India. According to them, OYO takes up half or more of the revenues through fees that are not disclosed at the time when the hotels join OYO. According to an October 2019 report, police cases were filed against OYO by hotel operators in Bangalore , Mysore , and other cities of Karnataka accusing Agarwal of fraud.
Oyo said its adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) in the second half (H2) of FY23 was expected to jump by about 3X year-on-year (y-o-y) to Rs 182 crore.
OYO was developed by architect-turned-inventor Paul Francis, who designed it to replace free weights and to allow constant resistance through one range of motion (which he coined “SpiraFlex...