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Oyo Hotels founder to repurchase US$2bn in stock

Oyo Hotels founder to repurchase US$2bn in stock

22 July 2019 Hotel News

Oyo Hotels & Homes founder, Ritesh Agarwal, will buy back $2 billion in shares in the company from investors. Agarwal is buying part of the shareholdings of early investors Sequoia Capital and Lightspeed Venture Partners.

Oyo Hotels & Homes sets ambitious growth targets for UK market

Oyo Hotels & Homes sets ambitious growth targets for UK market

5 April 2019 Hotel News

Since launching in the UK October 2018, Oyo has opened 30 hotels across the UK - including properties in London, Birmingham, Manchester, Blackpool and Edinburgh - and built a team of over 100 employees working in business development, operations, transformation, marketing and other functions.