OYO parent Oravel joins Japan’s SoftBank to launch luxury hotel chain ‘Sunday’
1 year, 3 months ago

OYO parent Oravel joins Japan’s SoftBank to launch luxury hotel chain ‘Sunday’

Live Mint  

Japanese technology investor SoftBank and Oravel, the parent company of OYO, have come together to establish a joint venture to launch a premium hotel chain in India. The joint venture named as Mountainia, plans to introduce 5-star and 4-star hotels under the brand name 'Sunday' in rapidly growing Tier II Indian cities. The Japan-headquartered global conglomerate, SoftBank and Oravel Stays joint venture intends to open four more Sunday hotels by the end of 2023. He added, "Non-metro first tier and lately even second-tier cities offer the right balance of growing affluence with less competition in the premium hotel categories and well-priced hotel assets," which aligns with the the decision to open hotels in Tier II Indian cities.

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M3M India and Oravel Stays collaborate to launch SUNDAY branded hotel in Gurugram
3 months, 3 weeks ago

M3M India and Oravel Stays collaborate to launch SUNDAY branded hotel in Gurugram

Hindustan Times  

Gurugram-based M3M India and Oravel Stays, the parent company of OYO Hotels & Homes, a global hospitality technology company, have signed a Memorandum of Understanding to launch the premium SUNDAY hotel. M3M India and Oravel Stays, the parent company of OYO Hotels & Homes, have signed a Memorandum of Understanding to launch the premium SUNDAY Hotel in India. The hotel-cum-residences …

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