
Rebrand for OYO parent
Ahead of its planned IPO, Oravel Stays announced a rebranding, giving potential investors greater clarity around the group structure
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Ahead of its planned IPO, Oravel Stays announced a rebranding, giving potential investors greater clarity around the group structure
The founder of OYO Ritesh Agarwal stressed the firm still employs 25,000 staff while another 200,000 people work at their contracted hotels.
After recent hiccups, Oyo has decided to slow its growth and focus more on existing properties and partners.
Marriott’s place at the top of the global hospitality league could be under threat from relative newcomer OYO.