Search results for “OYO”
OYO appoints CEO for its China unit
05/16/2020|10:33:18 PM|
The China market generated USD 307 million in revenue for OYO in FY2019, but also posted a net loss of USD 197 million, accounting for nearly 60% of the company's total annual loss.
Ctrip launches IHG flagship store, 70% of OYO China hotels reopened | Daily Brief
05/15/2020|7:36:48 AM|
Chinese carriers are likely to see a full recovery by 2021; Beijing is mulling to cut red tape and fast-track cross-border checks with Taiwan, Hong Kong, Macao and South Korea.
70% of OYO hotels in China have reopened
05/14/2020|7:29:56 PM|
As China stumbles back to normalcy, OYO too is seeing signs of recovery as compared to the shut business during the lockdown.
OYO data signals flagging growth at another big Softbank-backed startup
05/13/2020|7:56:34 PM|
Recent counts show they've lost 32 percent down to around 20,000 with the steepest drop off taking place from the end of March to now.
Hotel giant OYO looks to rewrite contracts that fueled its rise
03/30/2020|6:38:14 PM|
OYO is ending the practice of minimum guarantees and instead is rolling out new contracts to raise fees charged to the hotels.
OYO sees signs of recovery in China after coronavirus outbreak
03/26/2020|3:49:44 PM|
Agarwal’s comments come as a rise in imported coronavirus cases and the lifting of restrictions on movement in some cities in China.
Fosun cuts stake in Booking Holdings; OYO sees recovery in China | Daily Brief
03/26/2020|12:49:33 AM|
The online travel company co-invested by Trip.com Group and Tencent reported over 205 million monthly active users; Hong Kong expects to see “zero visitors” for months.
OYO raises $807 million from SoftBank and RA Holdings
03/18/2020|11:47:26 AM|
This round will value OYO at $7.7 billion.
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