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.
| Type | Private | |
| Founded | 2013 | |
| HQ | Gurugram, IN | Map |
| Website | oyorooms.com | |
| Employee Ratings | More |
Recent NewsAll News
- Overnight success takes at least 5 to 10 years, says Ritesh Agarwal of OYO Rooms
- SoftBank-backed Oyo Rooms fires thousands of employees across China and India
- Battling Yourself: OYO Rooms CEO Ritesh Agarwal on how to succeed in China
- Battling Yourself: OYO Rooms CEO Ritesh Agarwal on how to succeed in China
Key People/Management at OYO Rooms
Ritesh Agarwal
Founder and CEO
Abhinav Sinha
COO
OYO Rooms Office Locations
OYO Rooms has an office in Gurugram
Gurugram, IN (HQ)
Golf Course Ext Rd, Sector 69
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 | Sequoia Capital, Lightspeed Venture Partners, SoftBank Capital, DSG Consumer Partners, Softbank, Greenoaks Capital, Airbnb, Anand Ladsariya, Lightspeed, Amit Patni, VentureNursery, Huazhu Hotels Group, Didi Chuxing, Lightspeed Venture Partners India, Grab, Shravan Shroff, Ravi Kiran, Bharat Banka, SoftBank Vision Fund, Hero Enterprise, Ritesh Agarwal, MyPreferred Transformation |
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.
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 |
Show all financial metrics
OYO Rooms Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Danamica | September 02, 2019 | $10 m |
| Leisure Group | May 01, 2019 | $415 m |
| Innov8 Coworking | March 15, 2019 | $31.84 m |
| AblePlus Solutions Pvt. Ltd. | July 10, 2018 | |
| Novascotia Boutique Homes | March 18, 2018 |
OYO Rooms Revenue Breakdown
OYO Rooms revenue breakdown by geographic segment: 32.2% from China, 63.4% from India and 4.3% from Other
OYO Rooms Cybersecurity Score
OYO Rooms Online and Social Media Presence
63.1k Twitter followers
OYO Rooms has 63.1k Twitter Followers. The number of followers has increased 0.4% month over month and increased 1.2% quarter over quarter
OYO Rooms's Trends
Twitter Engagement Stats for @oyorooms
13.3k
Tweets
24
Following
63.1k
Followers
34
Tweets last 30 days
18
Avg. likes per Tweet
85.3%
Tweets with engagement
OYO Rooms News and Updates
May 29, 2020
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.
January 22, 2020
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…
June 19, 2019
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…
June 19, 2019
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…
April 05, 2019
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
March 15, 2019
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 Blogs
November 12, 2020
‘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…
November 04, 2020
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…
November 03, 2020
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…
October 30, 2020
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…
October 20, 2020
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…
October 15, 2020
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…
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.
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