Articles tagged “oyo”

Oyo's IPO has been in focus for years. Its profitability and subsequent stable situation is indicative of the robust Indian hotel industry.

Oyo launched an accelerator program last year to support first-generation hoteliers. The credit facility boosts India's hospitality industry.

Air travel in India is recovering rapidly, and as the demand is rising, the sector remains underserved. Efforts are being ramped up to improve aviation infrastructure in the country.

The nearly three-year wait for an IPO launch just goes to show the immense challenges Oyo has faced in its plans to go public. Now, should the company manage to secure funds from investors beforehand, it will undoubtedly choose that path without any hesitation.

Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, is in discussions to lead a $400 million funding round for OYO Hotels & Homes Pvt.

Despite the surge in online travel searches, the ultimate success in reaching the 50 million tourist goal for Ayodhya hinges on translating the ambitious infrastructure plans into tangible reality.

Religious tourism has been experiencing a resurgence in India, and Oyo recognizes the importance of securing the first-mover advantage in this growing trend.

The 22% increase in the issuance of licenses to women pilots is a welcome step in a profession that is mainly deemed male-dominated.

IndiGo’s 100 million passengers also underscores the massive potential of the Indian aviation sector. No wonder airlines are keen to tap into it.

The Indian tour and travel sector is poised for robust 12-14% growth in the current and upcoming fiscal years. The growth, despite high airfares, shows cost doesn’t matter when it comes to travelling.