The OYO-ZO Rooms’ battle is now getting fiercer and the ball is steadily moving towards OYO’s court. Reportedly, a Gurugram-based district court has rejected an arbitration petition filed by ...
Social media is ablaze with smiles after a Hyderabad taxi driver’s humorous message to passengers went viral. Aimed at ...
A warning note in a Hyderabad cab telling couples to maintain distance has gone viral. Garnering over 80,000 views, the note ...
OYO launched in the U.S. in 2019 and currently ... Both companies target the budget traveler, offering clean rooms with basic amenities and dirt-cheap prices that typically run under $60 a night.
Oyo, the new owner, said on Friday it is making ... due to its location in an affluent vacation community, with rooms often ...
OYO Rooms is India’s largest network of technology- enabled budget hotels. It currently operates in 15 major business and travel destinations including Delhi, Mumbai, Bangalore, Hyderabad, Pune ...
(Oyo has denied reporting about its lowered valuation.) Motel 6, meanwhile, was founded in 1962. It popularized the budget motel concept (rooms originally cost $6 a night) and was eventually ...
Zo Rooms has moved a petition to restrain OYO from modifying its shareholding pattern. OYO was in talks for a merger with Zo Rooms in 2015, but the talks fell through. Zo Room’s legal counsel ...
Allegations of corruption, inflated room counts, and advertising hotel rooms that don’t exist dogged Oyo in an explosive New York Times report early last year. Softbank has a 47 percent stake in ...
Ltd, the parent company of the Ritesh Agarwal-led OYO. The Arbitral Tribunal comprising former Chief Justice of India AM Ahmadi said that Zo Rooms’ parent Zostel Hospitality Pvt. Ltd was ...
Sept. 22 (UPI) --Motel 6, known for its bare-bones motel rooms, low prices and blue sign emblazoned with a red "6," has been sold for $525 million to India-based hotel operator Oyo, Blackstone ...
"Never give up. Today is hard; tomorrow will be worse, but the day after tomorrow will be sunshine," a famous quote by Jack ...