Oyo's acquisition of Motel 6 aims to enhance its US presence and profitability, positioning it for a potential public listing ...
The expansion plans involve an investment of ₹50 crore and mark the brand’s most ambitious growth initiative to date, the ...
OYO IPO Update: Seems like hospitality chain has long been struggling with this dilemma of going public or not. Perhaps this is why the company founded by Ritesh Agarwal has decided to withdraw ...
The Motel 6 acquisition marks a huge step forward for Oyo. With an IPO on the horizon, the big question is: Will it be the blockbuster Oyo’s aiming for? Oyo acquired Motel 6 and Studio 6 from ...
Our investor survey for H1 2024 showed Swiggy is the most hotly anticipated IPO of the year. But if OYO had been an option, many investors might have chosen the hospitality giant over Swiggy. However, ...
The travel tech unicorn estimates that Motel 6 will add over Rs 630 crore to its EBITDA (Earnings Before Interest, Taxes, ...
However, OYO’s transition from a loss-making budget hotel aggregator to a profitable hospitality firm is a key positive ...
Softbank-backed OYO is set to refile its much-awaited IPO as the global travel tech player is close to finalising its refinancing plans to raise up to USD 450 million via sale of dollar bonds ...
Unlisted firms like Hyundai, Swiggy, and NSE are not required to disclose financial statements, complicating accurate ...
New Delhi: IPO-bound travel tech platform OYO on Saturday announced it has agreed to acquire iconic American budget hotel ...
The Skift India Podcast this week explores Leela Hotels’ IPO move, South Africa’s new visa reforms, and Oyo’s acquisition of ...