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 ...
OYO to add 25 hotels and homestays each in Ayodhya in 2023 OYO is collaborating with Ayodhya Development Authority and Uttar Pradesh State Tourism Development Corporation for its expansion plans in Ayodhya OYO is betting big on religious corridors like Ayodhya to boost its expansion plans in India in 2023 Govt expects ...
We have a special scheme to encourage and reward travel during the holy month of Ramadan in Indonesia. As part of our commitment to supporting travel during this important time, it is offering gold bar and cash prizes to those staying in OYO properties from March 10 to April 20, 2023. The program, called "OPOR" or “OYO Promo ...
We have launched an accelerator program tailor-made for small first-generation hoteliers in our community. Hotel owners with more than 5 running hotels are eligible to be a part of the accelerator program. The accelerator will encourage and empower such hoteliers to accelerate their hotel portfolio expansion to benefit from the ...
We are offering special prices for select hotels in Bali to support Indonesia’s digital nomad program. Under this scheme, guests will be eligible to avail up to 70% discount on their stays in Bali. This scheme is applicable to 20 OYO premium hotels spread across Bali that meet high levels of service quality, safety and health ...
We are doubling the number of premium hotels in India in 2023. We plans to support the surge in business travel by increasing our footprints across all the major business cities. Our premium hotel brands include hotels such as Townhouse Oak, OYO Townhouse, Collection O and Capital O. We plan to add approximately 1800 premium ...