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 |
Latest Updates
| Employees (est.) (May 2020) | 20,600 | (-1%) |
| Revenue (FY, 2019) | ₹67.1 B | (+351%) |
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 | 6 months 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 |
| INR | Y, 2019 |
|---|---|
Revenue/Employee | 11.2m |
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 Online and Social Media Presence
61.14k Twitter followers
OYO Rooms has 61.14k Twitter Followers. The number of followers has increased 2.3% month over month and increased 8.2% quarter over quarter
OYO Rooms's Trends
Twitter Engagement Stats for @oyorooms
13k
Tweets
23
Following
61.1k
Followers
49
Tweets last 30 days
12.3
Avg. likes per Tweet
85.7%
Tweets with engagement
OYO Rooms News and Updates
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
December 28, 2018
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
OYO Rooms Blogs
April 29, 2020
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 …
April 27, 2020
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…
April 08, 2020
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…
April 07, 2020
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…
April 06, 2020
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…
April 03, 2020
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 …
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.
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