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Search results for “Ritesh Agarwal”
OYO China CFO: We’ll have clear models for hotel operation and profitability
03/04/2019
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8:57:29 AM
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"We know that speed, manpower efficiency and scalability are equally important. What’s not going to happen this year is that we will only manage to keep 5,000 of the 10,000 hotels we signed in 2018."
Can OYO capture the unbranded hotel market in the U.S. and Europe?
02/11/2019
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3:56:50 PM
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Physical and technological upgrades and higher revenue could make OYO a welcome opportunity for unbranded accommodations in the U.S., which number around 18,000 – 1/3 of all hotels in the country.
OYO Hotels showing dramatic growth in China
11/30/2018
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2:20:32 PM
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In order to attract both guests and owners to its platform, OYO launched six OYO Skill Institutes in Shenzhen, Xian and Suzhou, with more in the pipeline.
OYO launches in Indonesia, will invest $100 million and reach 35 cities
10/25/2018
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5:37:39 PM
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The company says it will invest $100 million in Indonesia as it expands its operations to the country’s top 35 cities over the next 15 months.
Redefining space with full-stack hospitality tech - how is OYO doing it?
07/02/2018
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9:51:32 AM
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The blend of technology, leveraging virtually every living space available in a destination, space design etc. is shaping up new ways of how and where one stays while travelling.
Budget hotel platform OYO launches asset management to trim losses
08/29/2017
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10:06:14 AM
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With losses of over USD 50.6 million in FY17, OYO launched asset management service to bring losses under control and enhance business growth.
China Lodging Group to invest $10 million in India's OYO
09/13/2017
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12:50:21 PM
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China Lodging announced today its five-year MoU with India's leading hospitality company OYO and that it has agreed to make a $10 million equity investment in OYO to become a minority shareholder.
Online travel portals gear up for long weekends in August
08/07/2017
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10:50:39 AM
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Travel portals are expecting an average 50% jump in bookings this month with people looking for quick weekend getaways by clubbing their leaves with off days.
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