Hotel

OYO’s first new hotel in the UK opens

UK: Located on New George Street, OYO Plymouth Central has been converted from offices by Red Lions Estate, which will operate the property in partnership with OYO. The hotel marks the first sizeable new hotel to open in Plymouth for over a decade. It features 54 en-suite rooms ranging from

Industry

OYO plans expansion into Egypt

Egypt: OYO Homes and hotels has set its sight on the Egyptian market, following expansions into the UAE and Saudi Arabia. OYO has reportedly been speaking with local hospitality professionals to determine their final steps. The company is aiming to take advantage of the Egyptian market during a period of

Industry

OYO adds 1,200 rooms to its UK portfolio

UK: OYO Hotels & Homes has announced the addition of over 1,200 rooms to its UK portfolio since April 2020. Over 1,000 of these are currently live and available for booking through OYO’s official app and website. In order to appeal to a variety of new partners, the company has modified

Industry

OYO introduces revenue management tools for independent hotels

UK: Following trials at a select number of hotels, the new revenue management technology will be rolled out automatically across the full UK OYO portfolio at no cost to owners. The tools are additional to OYO’s existing revenue management features, and have been designed to help independent hotel owners to

Industry

OYO supports remote workforce through UK-wide initiative

UK: OYO has announced a ‘Work from Anywhere’ initiative for its UK team members, allowing its OYOpreneurs to work from home, from OYO’s hub office, or from a public space such as a cafe. The initiative was announced to OYO UK employees at the start of September.  OYO will support

Industry

OYO UK sees 60 per cent occupancy in August

UK: Following the roll out of OYO’s ‘Sanitised Stays’ the company has seen occupancy improve in the first week of August to more than 60 per cent. In the second week of July when hotels across the UK were newly reopened for post-lockdown travel, OYO’s occupancy was around 50 per

Industry

OYO partners with Unilever for sanitising regime

Worldwide: Global hospitality chain OYO Rooms has announced a partnership with Unilever to enhance the company’s cleanliness and sanitisation regimes. In a joint statement, the two companies announced their partnership would begin in India before moving to Indonesia, Vietnam, the US, Latin America, and then Europe. Ritesh Agarwal, CEO of

Industry

OYO to combine hotel and residential divisions in Japan

Japan: SoftBank-backed hospitality chain OYO is to merge its short-term residential and hotel divisions in Japan in the latest stage of its business restructuring due to the coronavirus pandemic. Pre-pandemic, OYO had expanded its portfolio to operate over 35,000 hotels and 125,000 vacation homes, including more than 1.2 million rooms

Industry

OYO to lay off 90 per cent of US workers

US: Hospitality chain OYO is planning to lay off 90 per cent of its employees in the United States. Most of the workforce was initially furloughed in April, with news spreading soon after that layoffs may be coming. According to revenue tracking site Layoffs.fyi, OYO’s revenues have fallen to 25

Industry

OYO outlines procedures for hotel reopening

UK: OYO Hotels & Homes is rolling out its new operational procedures at its independently-owned hotels in preparation for reopening. Procedures focus on a minimal-touch experience, ensuring high levels of hygiene and accounting for the need for social distancing. The group is currently developing the technology for app-based remote check