OYO to restructure, downsize 600 employees and hire 250 for sales \
3 min read
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OYO to restructure, downsize 600 employees and hire 250 for sales

04-Dec-2022
According to a company statement released on Saturday evening, OYO will downsize 10 per cent of its 3,700-employee base, which includes fresh hiring of 250 members and letting go of 600 employees.
04-Dec-2022 Business
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CCI imposes monetary and non-monetary sanctions on MakeMyTrip, GoIbibo and OYO for indulging in anti-competitive conduct \
10 min read
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CCI imposes monetary and non-monetary sanctions on MakeMyTrip, GoIbibo and OYO for indulging in anti-competitive conduct

20-Oct-2022
New Delhi [India], October 20 (ANI): The Competition Commission of India (CCI) on Wednesday imposed monetary as well as behavioral sanctions on MMT-Go (MakeMyTrip and GoIbibo) for abusing its dominant position and also for having an anti-competitive arrangement with OYO (Oravel Stays Limited).
20-Oct-2022 National
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OYO enables hotels to launch their own promotional offers ahead of peak travel season \
13 min read
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OYO enables hotels to launch their own promotional offers ahead of peak travel season

10-Oct-2022
New Delhi [India], October 10 (ANI/NewsVoir): Global hospitality technology company, OYO, today introduced an improved flagship patron-facing app - CO-OYO. The prominent additional capabilities possible through the relaunched app enable patrons to design and run their own promotional programs such as Discover Sale (to attract new customers to their hotels), Flash Sales (empowers independent local hotels to run their own offers), among others.
10-Oct-2022 Business
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OYO files addendum with SEBI for its public issue; company becomes EBITDA positive \
5 min read
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OYO files addendum with SEBI for its public issue; company becomes EBITDA positive

19-Sep-2022
Mumbai (Maharashtra) [India], September 19 (ANI): Global hospitality services platform Oyo has filed addendum to its earlier submitted draft red herring prospectus to market regulator Securities and Exchange Board of India on Monday.
19-Sep-2022 Business
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GrowthX raises the largest ever community led seed round with 212 investors \
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GrowthX raises the largest ever community led seed round with 212 investors

06-Jul-2022
Bengaluru (Karnataka) [India], July 6 (ANI/BusinessWire India): GrowthX (GrowthX.club), a social learning community of the top 1 per cent of growth leaders, announced that 212 angel investors contributed to its seed round.
06-Jul-2022 Business
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ASBM University’s MBA program achieves 100 per cent placement, facilitates numerous career opportunities \
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ASBM University’s MBA program achieves 100 per cent placement, facilitates numerous career opportunities

10-Jun-2022
New Delhi [India], June 10 (ANI/SRV): With marquee firms endorsing ASBM University's pedagogy through a plethora of job opportunities, the Institute has closed its campus placements for the outgoing batch of MBA postgraduates on a high note. School of Business' MBA program has achieved 100 per cent placement and the highest packages secured by Shreyasi Saha and Swostik Rout stand at Rs 10 LPA.
10-Jun-2022 Business
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OYO announces a free stay after 5 night stays \
8 min read
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OYO announces a free stay after 5 night stays

19-May-2022
New Delhi [India], May 19 (ANI/NewsVoir): Global hospitality technology platform, OYO today announced that its customers will be eligible for a free stay after every 5 night stays. This is an initiative to boost travel in post-pandemic India. The free room night offer will be available to the Gold members of its loyalty program called Wizard. Designed for the frequent traveller in India, Wizard will also offer upto 10 per cent discount on OYO's Wizard hotels across India, and a lot more.
19-May-2022 Business
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J-K man claims Delhi hotel denied him room, owner refutes allegation \
3 min read
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J-K man claims Delhi hotel denied him room, owner refutes allegation

24-Mar-2022
New Delhi [India], March 24 (ANI): In a viral video, a Kashmiri man said that he was denied a hotel room in Delhi despite booking it on an app, but the hotel administration on Thursday said the claims were not true.
24-Mar-2022 National
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Felt discriminated says Kashmir man denied room in Delhi hotel OYO delists facility \
4 min read
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Felt discriminated says Kashmir man denied room in Delhi hotel OYO delists facility

24-Mar-2022
New Delhi Mar 24 PTI The phone of Syed Faisal a 30-year-old from Srinagar hasnt stopped buzzing since a video of him being denied accommodation at a Delhi hotel went viral He said the incident has left him disturbedAs the clip went viral on social media hospitality firm OYO took off from its platform the hotel located in north Delhis JahangirpuriAccording to police an FIR has been registered against the owner of the hotelFaizal who works in multi national company as an auditor said it is for the first time he has faced such kind of discriminationIn the video a woman staffer of the hotel can be seen not allowing him to check-in as he was from Jammu KashmirIt was really disturbing How could they do this to me just because I am a native of Jammu and Kashmir I showed them my passport and my Aadhar card and still they did not allow me in he told PTIEver since the video has gone viral Faizal said he has received over 1000 calls from relatives and media persons My family is worried whether I am fine or not Every known person is calling me as they want to know what happened he said Reacting to the incident on Twitter OYO said We are appalled that this happened We have taken the hotel off from our platform immediately The company further said Our rooms and our hearts are open for everyone always This is not something that we will compromise on ever We will definitely check what compelled the hotel to deny check-in The hotel has not responded to calls and text messagesThe incident took place on March 22 I was in Jahangirpuri due to some work At around 4 pm I reached the hotel and the lady at the desk asked for my ID proofs and when I showed them to her she noticed my address and said police have directed them to not allow people from Jammu and Kashmir Faizal saidIn the video Faizal can be heard repeatedly asking the staffer the reason behind the refusalI asked her multiple time why they are not allowing me in She did not reply My job demands travelling but this is the first time that such treatment has been meted out to me he saidDeputy Commissioner of Police northwest Usha Rangnani said a complaint was received at Mahendra Park Police Station stating that some people from Jammu and Kashmir were denied accommodation in a hotel in the areaA case under section 153-B1b any member of a religious racial language or regional group or caste or community denied of rights of the Indian Penal Code has been registered and investigation is in progress the DCP saidIn the video the reason for refusal to allot a room was cited as directions from police but I would like to clarify again that no such direction has been given by the local police she addedOn Wednesday too the Delhi Police had clarified that it had not issued any direction against giving accommodation in hotels to those from Jammu and KashmirA purported video has gone viral on social media wherein a person is being denied hotel reservation due to his JK ID The reason for cancellation is being given as direction from police It is clarified that no such direction has been given by Delhi Police it said in a series of tweets on Wednesday PTI VA NIT RKL BUN RHL
24-Mar-2022 National
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OYO offers stays at a flat price of INR 499 for Holi weekend \
5 min read
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OYO offers stays at a flat price of INR 499 for Holi weekend

15-Mar-2022
New Delhi [India], March 15 (ANI/NewsVoir): Travel tech company, OYO has always believed in studying data and trends to provide tailor-made offerings for travellers. Ahead of the upcoming Holi long weekend, OYO's latest survey reflects a jump in demand for leisure destinations across India. To further enable travellers to take a break and celebrate Holi with their loved ones, OYO has announced stays at a flat price of INR 499/- per night for a minimum booking of 2 nights across India.
15-Mar-2022 Business
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