Oravel Stays Limited, which operates the global travel technology brand OYO has entered into a commitment letter with Deutsche Bank AG New York Branch (“DBNY”) and Deutsche Bank Securities Inc. As a part of the arrangement, DBNY has provided the Company with a commitment for a new term loan facility to finance OYO’s recently ...
Situated in the popular neighborhood of Bilekahalli, close to the Indian Institute of Management, Bangalore, CricOtel is designed to be a haven for cricket lovers. The hotel boasts 15 rooms, each dedicated to India's most iconic cricketing victories, such as the 1983 Champions Den, World Cup 2011 Suite, T20 Cup ‘07 Room, ...
OYO is offering 6,000 free stays across its premium properties like SUNDAY Hotels, Palette Hotels, and OYO Townhouses across India. Every day, 100 individuals will be rewarded with a free stay at a premium OYO property of their choice, along with Amazon vouchers worth up to INR 5,000. Every correct prediction will get ...
The SUNDAY Hotels chain was inaugurated in May 2023, marking the debut of its first hotel in Jaipur. Subsequently, the chain expanded, unveiling its second hotel in Vadodara in October 2023. Recently, the company announced the launch of the third hotel under the SUNDAY brand in Chandigarh. SUNDAY Hotels, a new-age ...
OYO has been witnessing a consistent increase in spiritual tourism over the last couple of years, with Puri consistently ranking among the top destinations for spiritual and religious travel. The company recently announced its plans to open 400 hotels and homestays in 2024 across major religious hotspots in India, with the ...
Building on the success of OYO Rooms, Oravel Stays, one of India’s leading hospitality companies, is now looking to replicate a similar model for its premium hotel chain, Palette. The company plans to launch self-operated premium hotels under the Palette brand, beginning with Morbi, Gujarat. Direct Control for Better Guest ...