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Indian hospitality chain Oyo Hotels has postponed its initial public offering (IPO) for the third time, following opposition from its stakeholder SoftBank Group and amid volatile stock market ...
Oyo, a prominent hospitality chain, has announced its expansion into the food and beverages sector, introducing in-house kitchens and quick service restaurants (QSRs) across its Townhouse hotels.
The QSR initiative, under brand name 'Townhouse Cafe', will focus on the 'Townhouse by OYO' branded hotels. It will cover 1,500 company-serviced hotels during the first phase of the programme in ...
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Oyo Hotels postpones IPO for third time
Indian hospitality chain Oyo Hotels has postponed its initial public offering (IPO) for the third time, following opposition ...
Hospitality tech player Oyo will foray into the F&B business through in-house kitchens and Quick Service Restaurants (QSR) across company-serviced hotels, Townhouse by OYO, the company said on May 1.
Oyo Hotels is delaying its plans for an October IPO after opposition from SoftBank Group Corp. and a tumultuous turn in the stock market this year. SoftBank has balked at the proposed timing and ...
The hotel company will first bring these services to the Townhouse by Oyo brand. The decision follows a pilot that started in January across 100 hotels in several cities, Delhi, Bengaluru ...
This strategic move is anticipated to add between 5%-10% additional revenue at the hotel level on a stable state basis.
Global travel company led by Ritesh Agarwal, OYO announced its plans to enter into the food and beverage sector by introducing in-house kitchens and Quick Service Restaurant (QSR) carts at its ...
Oyo Hotels has delayed its initial public offering (IPO) plans for the third time amid opposition from its largest shareholder, SoftBank Group Corp., and continued market volatility, Bloomberg ...
Hospitality chain Oyo on Thursday announced plans to foray into the food and beverage business with in-house kitchens and Quick Service Restaurant (QSR) carts at its company-serviced hotels.
Travel tech company OYO’s parent Oravel Stays Ltd will add Mercure Exeter Rougemont Hotel to its portfolio as it expands its presence in the South West. The business has signed a lease to operate the ...