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.) (May 2020)20,600(-1%)
Revenue (FY, 2019)₹67.1 B(+351%)

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

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)
INRY, 2019

Revenue/Employee

11.2m
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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

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

OYO Rooms Online and Social Media Presence

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OYO Rooms News and Updates

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

OYO Rooms to hold ₹50 crore share buyback in January

OYO Rooms’s share buyback may be first in a series of schemes that may yield employees holding ESOPs a total of $150-200 million in next 2-3 years
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OYO Rooms Blogs

Impact of COVID-19 on Japan Hotels and how OYO is working with its hotel partners to ensure business continuity

OYO Hotels Japan has taken a multitude of proactive measures to support its hotel partners and community at large, and counteract the impact of COVID-19, which is wreaking havoc on the hotel industry in Japan. The latest in this series of actions by OYO are financial packages designed to help hotel …

Doing the right thing. Period.

At OYO, we have believed that our asset owners are more than just our business partners, helping us achieve our mission of transforming the global hospitality landscape. Over the last 7+ years, they have trusted us with their assets so that we can transform them into high-quality living spaces. This…

Update on COVID-19 and its impact on our business

To the OYO family around the world,   Over the past few weeks, I have shared regular updates with you on the COVID-19 situation and how the resilient OYO team is doing various things to respond to this challenge.   I want to take a moment to thank each one of you for the great […] The post Update on…

OYO supports passionate entrepreneurs to bring quality tourism into the city of Aligarh

A graduate in Organic Chemistry from Aligarh Muslim University in the year 1989, Mr. Sohail Anis worked as a General Manager in a Private Company in Orissa. After spending 14 years in the state he returned to Aligarh with the dream of starting something of his own. He initially opened a restaurant i…

OYO lends supports to flatten the curve with ‘Donate A Night’ and ‘Book A Night for self-isolation’ initiatives

The unprecedented phenomenon, COVID-19 has affected the entire hospitality industry worldwide, by impacting occupancy and sustainability. At OYO Hotels & Homes we understand our role in these incredibly challenging times and more so when people are counting on us like never before. Continuing th…

OYO keeps the promise of “Atithi Devo Bhava” intact; reaches out to 15+ embassies, to support accommodation for stranded tourists

In light of our ongoing fight against Novel Coronavirus, we at OYO are closely monitoring the situation and continue to support people in these times of crisis. The past few weeks have undoubtedly been a hard time for all of us as COVID-19 has impacted the entire hospitality industry worldwide with …
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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 20,600 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 ₹3.3 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.