OverviewSuggest Edit

OYO Rooms operates a branded network of hotels designed to offer standardized stay experiences. The Company provides rooms at prices falling under a reasonable budget segment, enabling customers to access seamless amenities and experiences.

TypePrivate
Founded2013
HQGurugram, IN
Websiteoyorooms.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Nov 2020)17,403(-3%)
Revenue (FY, 2019)₹67.1 B(+351%)
Cybersecurity ratingCMore

Key People/Management at OYO Rooms

Ritesh Agarwal

Ritesh Agarwal

Founder and CEO
Abhinav Sinha

Abhinav Sinha

COO
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OYO Rooms Office Locations

OYO Rooms has an office in Gurugram
Gurugram, IN (HQ)
Golf Course Ext Rd, Sector 69
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OYO Rooms Financials and Metrics

Summary Metrics

Founding Date

2013

OYO Rooms total Funding

$3.3 b

OYO Rooms latest funding size

$1.50 b

Time since last funding

a year ago

OYO Rooms investors

OYO Rooms's latest funding round in December 2019 was reported to be $1.5 b. In total, OYO Rooms has raised $3.3 b. OYO Rooms's latest valuation is reported to be $10 b.
View all funding rounds

OYO Rooms Revenue

OYO Rooms's revenue was reported to be ₹67.10 b in FY, 2019 which is a 350.7% increase from the previous period.
INR

Revenue (FY, 2019)

67.1b

Revenue growth (FY, 2018 - FY, 2019), %

350.7%

Net income (FY, 2019)

(23.6b)

EBITDA (FY, 2019)

(24.7b)

Market valuation

10.0b
INRFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

240.0m25.0b14.9b67.1b

Revenue growth, %

(40%)351%

Operating expense total

320.0m5.2b18.2b89.9b

EBITDA

(4.0b)(24.7b)
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OYO Rooms Operating Metrics

Jan, 2013Jun, 2013Jul, 2014Aug, 2016Dec, 2016Jul, 2017Aug, 2018Apr, 2019Jul, 2019Feb, 2020

Countries

80 80

Customers' Calls Handled

6.50 m

Hotels

1 3 13 6.50 k7 k8.50 k13 k23 k43 k

Room Nights Requested

4 m
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OYO Rooms Acquisitions / Subsidiaries

Company NameDateDeal Size
DanamicaSeptember 02, 2019$10 m
Leisure GroupMay 01, 2019$415 m
Innov8 CoworkingMarch 15, 2019$31.84 m
AblePlus Solutions Pvt. Ltd.July 10, 2018
Novascotia Boutique HomesMarch 18, 2018

OYO Rooms Revenue Breakdown

Embed Graph

OYO Rooms revenue breakdown by geographic segment: 32.2% from China, 63.4% from India and 4.3% from Other

OYO Rooms Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

SecurityScorecard logo

OYO Rooms Online and Social Media Presence

Embed Graph

OYO Rooms News and Updates

Overnight success takes at least 5 to 10 years, says Ritesh Agarwal of OYO Rooms

Ritesh Agarwal of OYO Rooms on surviving post-COVID-19, being in the news for wrong reasons, and reviving the travel and hospitality industry.

SoftBank-backed Oyo Rooms fires thousands of employees across China and India

LatAm List – Oyo Rooms, an Indian hotel network recently laid off thousands of employees and slashed other costs as it faced pressure from its biggest investor SoftBank. The Japanese tech giant invested about $1.5B in Oyo through its $108B Vision Fund to promote the company’s global expansion. The h…

Battling Yourself: OYO Rooms CEO Ritesh Agarwal on how to succeed in China

Within a span of 18 months, OYO is now the second largest hotel chain in China boasting 450,000 rooms in 10,000 OYO hotels present in 320 cities. The fast-growing hospitality start-up is valued at USD 5 billion. The post Battling Yourself: OYO Rooms CEO Ritesh Agarwal on how to succeed in China app…

Battling Yourself: OYO Rooms CEO Ritesh Agarwal on how to succeed in China

Within a span of 18 months, OYO is now the second largest hotel chain in China boasting 450,000 rooms in 10,000 OYO hotels present in 320 cities. The fast-growing hospitality start-up is valued at USD 5 billion. The post Battling Yourself: OYO Rooms CEO Ritesh Agarwal on how to succeed in China app…

Oyo Rooms looks to build own cloud kitchen brands

While the core idea is to standardize food across its properties, Oyo may list its cloud kitchen brands on Swiggy and Zomato.Oyo was in advanced talks to buy a stake in cloud-kitchen startup Freshmenu, but there is now some uncertainty over the deal

Oyo Rooms plans to tap venture debt route for fresh funding

Oyo Rooms is in talks with several debt firms and private banks to raise several hundreds of crores in debt financing.Oyo Rooms plans to use debt financing to buy properties for Oyo Townhouse, earmarks equity funds for overseas expansion
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OYO Rooms Blogs

‘Happy Holidays’ indeed! This Diwali, Indian are set to vacation across Jaipur, Kerala, Goa, Visakhapatnam, and Varanasi

2020 has been a year full of surprises (or shocks) – masks & gloves are a common sight, WFH a lifestyle, and virtual gatherings a part of the routine. However, the most festive time of the year is almost here and India is geared up to celebrate by travelling across the country’s most scenic leis…

A message to OYOpreneurs from our Founder & Group CEO, Ritesh Agarwal, announcing leadership role enhancements

Dear OYOpreneurs, I have spent the last few months engaging with our leaders and ensuring that we are focused on making OYO a technologically enabled hospitality leader. I believe that 2021 is going to be the year of the ‘Resurgent OYO’, where our organization will rise again while: Driving CARE for…

Experience the local art and culture of Kevadia at a boutique home-stay by OYO

On the occasion of National Unity Day, we at OYO Hotels & Homes announced the opening of our boutique home-stays under its brand OYO Home in the Kevadia district. Reiterating our commitment to the Gujarat Government’s vision to promote tourism and creating micro-entrepreneurship opportunities in…

With OYO’s Contactless Check-in, now guests can phone pe check-in, chaabi picking, seedha walk in

Wanderlust is in the air. And travellers are on the move – while some are heading to the hills to grab some fresh air, some others are driving down to the closest beach to soak in the sun. Some are chasing a quiet space to work and others are dreaming about their long overdue vacay […] The post With…

Reel & real-life hero Sonu Sood is now the face OYO ‘Sanitised Before Your Eyes’ campaign

We at OYO constantly strive to bring the best experience possible for our customers. Earlier this year, with our ‘Sanitised Stays’ initiative and the partnership with Unilever, we enhanced our hygiene and sanitisation efforts across hotels, as India was opening up to the idea of travelling again.  A…

OYO strengthens leadership team in Southeast Asia & Middle East

In line with our continuous efforts to drive organizational goals and work toward an inspiring future for the region, we are pleased to announce three new leadership appointments for our operations in South East Asia and the Middle East effective October 15, 2020. These promotions and appointments a…
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OYO Rooms Frequently Asked Questions

  • When was OYO Rooms founded?

    OYO Rooms was founded in 2013.

  • Who are OYO Rooms key executives?

    OYO Rooms's key executives are Ritesh Agarwal and Abhinav Sinha.

  • How many employees does OYO Rooms have?

    OYO Rooms has 17,403 employees.

  • What is OYO Rooms revenue?

    Latest OYO Rooms annual revenue is ₹67.1 b.

  • What is OYO Rooms revenue per employee?

    Latest OYO Rooms revenue per employee is ₹3.9 m.

  • Who are OYO Rooms competitors?

    Competitors of OYO Rooms include Yatra, Fabhotels and Treebo.

  • Where is OYO Rooms headquarters?

    OYO Rooms headquarters is located at Golf Course Ext Rd, Sector 69, Gurugram.

  • Where are OYO Rooms offices?

    OYO Rooms has an office in Gurugram.

  • How many offices does OYO Rooms have?

    OYO Rooms has 1 office.