Why Oyo and rivals may not be the answer for unchained hotels in Asia
Oyo and its rivals are likely to be around in the next 10 years, but the big question is whether penetration can keep up with their valuations.
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How Oyo upended the lives of hotel operators
The company has scaled up partly by promising hoteliers monthly payments, made possible by SoftBank’s money. Payments that now increasingly get canceled or cut, as Oyo strives for profitability rather than just growth.
Products & Services ∙ OYOOyo raises $1.5 billion at $10 billion valuation
Oyo Hotels and Homes is raising $1.5 billion from founder Ritesh Agarwal, SoftBank Group Corp. and other investors as the India lodging startup expands into foreign markets such as the U.S. and Europe.
Products & Services ∙ OYOBudget hotels drive Southeast Asia’s online travel growth
Differentiating in the travel distribution landscape, which is becoming less fragmented and more competitive than ever, is complicated.
Products & Services ∙ OYOOYO to invest in machine learning-powered dynamic pricing
The company has acquired a Copenhagen-based data science company, with machine learning and business intelligence capabilities, specialized in dynamic pricing.
Technology ∙ OYOOYO talks up hospitality chain growth as it expands distribution strategy
OYO Rooms has secured distribution deals in place with every major online travel agency around the world.
Products & Services ∙ OYOOyo Rooms ties up with Ctrip for further expansion into China
Oyo Rooms has partnered China's largest online travel aggregator Ctrip.com to extend its offerings to travellers.
Products & Services ∙ OYOAirbnb-backed OYO moves into Europe, buys Leisure Group for $415M
OYO has made an acquisition to expand its footprint into Europe, specifically around self-catering home rentals.
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