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Daily Lodging Report
OYO announced it had entered India's premium resorts and hotels category with the launch of its new brand, Palette.
2 months ago
News Blog
In its endeavor to expand as a preferred full-stack vacation homes provider, Oyo has acquired Denmark-based vacation rental operator — Bornholmske Feriehuse. Oyo has made the acquisition through its subsidiary DanCenter. Bornholmske Feriehuse has over 700 homes on its platform and according to an Oyo release the company is expected to clock more than 250,000…
Peden Doma Bhutia | 1 year ago
Hotels
Oyo's original use case in a country like India was the genius level breakthrough that has persisted, despite all its troubles over the last few years. Glad it is doubling down on its core focus, as this IPO doc shows.
Rafat Ali | 2 years ago
Airlines
In Skift’s top stories this week, a legal battle between Southwest and Skiplagged continues, U.S. airlines are a mess this summer, and hotels see first growth since the pandemic.
Angel Adegbesan, Skift | 2 years ago
Online Travel
SoftBank founder Masayoshi Son's strategy of investing heavily in headline-grabbing startups is certainly risky. Will investors continue to back him?
Sam Nussey, Reuters | 4 years ago
An expected operating profit of $3.1 billion doesn't sound too bad, but questions over SoftBank's future remain. One of its priorities will be overseeing a turnaround at Oyo.
Oyo promises a new type of hotel company. It’s an asset-light brand that seeks to connect the global long tail of mom-and-pop hotels through its tech and distribution platform. But can it live up to the hype? Skift Research dives deep into Oyo’s business strategy and financial performance.
Seth Borko, Skift Research | 4 years ago