Showing Results for tag: OYO

OYO’s first new hotel in the UK opens

News Story / 09 December 2020

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.

OYO plans expansion into Egypt

News Story / 17 November 2020

Egypt: OYO Homes and hotels has set its sight on the Egyptian market, following expansions into the UAE and Saudi Arabia.

OYO supports remote workforce through UK-wide initiative

News Story / 15 September 2020

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.

OYO UK sees 60 per cent occupancy in August

News Story / 11 August 2020

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.

OYO to combine hotel and residential divisions in Japan

News Story / 15 July 2020

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.

OYO launches ‘Scrubbed Clean’ programme

News Story / 03 June 2020

US: OYO Hotels has developed its ‘Scrubbed Clean’ programme in compliance with the US Centers for Disease Control and Prevention (CDC) guidelines to ensure a healthy and safe environment for guests and staff.

OYO announces further furlough round and 25 per cent pay cuts

News Story / 23 April 2020

India: Just a fortnight after placing the majority of its employees on furlough or temporary leave, Softbank-backed hospitality chain OYO is furloughing more employees around the world and accepting a 25 per cent pay cut for all workers in July.

OYO places “thousands” of staff on furlough and temporary leave

News Story / 09 April 2020

Worldwide: Hospitality chain OYO Hotels & Homes has placed a “certain number” of its employees, known as ‘OYOpreneurs’, on furlough and temporary leaves “in the U.S. and other countries”, it was revealed in an internal video message recorded by CEO and founder, Ritesh Agarwal.

OYO founder Agarwal to forego 100 per cent of annual salary

News Story / 02 April 2020

India: Ritesh Agarwal, founder and group CEO of OYO Hotels & Homes, has announced that he is foregoing 100 per cent of his salary for the rest of the year as the company seeks to unite in the face of the impact of Covid-19 on the global travel and hospitality industry.

OYO announces 2020 priorities

News Story / 21 January 2020

India: Hotel start-up OYO, the next promising venture of Softbank’s Vision fund, has announced its goals for 2020.

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