Danni Santana, Skift
Sometimes it's obvious when a company is growing too fast. This doesn't appear to be one of those times. Oyo wants to be everywhere customers want to vacation.
6 days ago
Raini Hamdi, Skift
A full-blown acquisition or a stake in a tech-focused budget hotel player by a global hotel chain would be yet another strange development in the hospitality industry. But as we've seen, nothing is really strange anymore. This is an interesting development to watch, as the implications could be far-reaching.
3 weeks ago
Raini Hamdi, Skift
Oyo has more rooms in China than in India, but India is still its biggest revenue generator. A deal with Ctrip may help correct that imbalance.
4 weeks ago
Tom Lowry, Skift
Agoda has been an online travel leader in Asia for more than a decade. CEO John Brown doesn't doubt that it will stay the same, but the new competition sure indicates winter is coming.
4 weeks ago
Patrick Whyte, Skift
Accor is still seemingly on the hunt for acquisitions, and this one is pretty eye-catching. Treebo and its rival Oyo have disrupted the Indian hotel market, and now it looks like they will do the same in Europe and elsewhere.
1 month ago
Patrick Whyte, Skift
Having raised so much money, it's not surprising to see Oyo splashing the cash. We should expect further acquisitions as it pushes for global scale.
2 months ago
Raini Hamdi, Skift
Who has ever built a portfolio of half a million rooms in six years? Oyo, that’s who. And founder and CEO Ritesh Agarwal, who will be speaking at the first Skift Forum Asia on May 27, says his journey has just begun.
2 months ago
Patrick Whyte, Skift
Oyo has had plenty of success in its home market of India going direct to consumers, but if it’s to continue its global expansion plans it needs more routes to market.
2 months ago
Raini Hamdi, Skift
Japan is a destination that’s never, ever described as affordable. But Oyo, with its budget hotel concept, could be transformational for its tourism economy.
3 months ago
Raini Hamdi, Skift
So it's finally confirmed. Airbnb is investing up to $200 million in India's budget hotel chain Oyo, a deal that India Oyo observers say has big upsides for both companies.
3 months ago
Deanna Ting and Sean O'Neill, Skift
This year is shaping up to be the year when Airbnb gets all of its ducks in a row before the big IPO. Investing in adjacent businesses like Oyo is a major part of that strategy. But will any of this ultimately matter — or make a difference — once the company goes public?
3 months ago
Raini Hamdi, Skift
Airbnb projects at least 40 percent of its business will be from emerging markets by 2030, with Asian markets such as China and India driving the growth. The homesharing giant is building the foundations and investing big-time in its Asian future.
4 months ago