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Oyo Hotels and Homes Pvt. As per information filed this week, with the Registrar of Companies, the company reported a profit of ₹11.5 crore over a loss of ₹27 crore in FY23, owing primarily to a reduction in total expenses by ₹6 crore and a positive growth in exceptional items from a loss the year before. But its operating revenue …

The National Company Law Tribunal has directed to start insolvency proceedings against OYO Hotels and Homes Pvt Ltd on March 30, according to a public announcement by the interim resolution professional. The creditors of OYO Hotels and Homes Pvt Ltd are called upon to submit their claims with proofs on or before April 15, 2021, to the interim resolution professional, …

Bengaluru: Oyo Hotels and Homes, the operator of India’s largest network of hotels, is in talks with financial institutions to borrow $200 million to buy premium and luxury hotels in the US, two people familiar with the matter said. The company, which bought Hooters Casino Hotel in Las Vegas last month, has identified the premium hotels segment as its area …

Bengaluru: Vehicle sharing platform Drivezy's vehicles will now be stationed at OYO properties across India. In a press statement on Monday, the Bengaluru-based company said that it also plans to increase the tally to one lakh bikes and cars, at OYO properties across India, over the next three years. Announcing the latest tie-up with OYO Hotels and Homes, the company …

In what is its first property purchase in U.S., SoftBank-backed Oyo Hotels and Homes, has bought the Hooters Casino Hotel Las Vegas. Hooters Casino Hotel will now be rebranded and designed as Oyo Hotel & Casino Las Vegas, the company said in a statement. As we continue to focus on bringing to life our popular concept of ‘comfort design’ and …

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