Tag "Oyo"

Oyo News: Ritesh Agarwal welcomes Steve Albrecht as Non-Executive Director on the board

By : CIOL Bureau

In a recent development, Oyo’s Ritesh Aggarwal has said that the firm has appointed Steve Albrecht as a non-executive director on the company’s BOD. He will play a supervisory role and guide the founder and management for key business decisions.

Pink Slips to US Employees: OYO furloughs staff due to reduced revenues amid COVID-19

By : CIOL Bureau

Ritesh Agarwal, CEO of OYO, in a video address today talked about his plans for OYO. He reported a 50-60% loss in the entire tourism and hospitality industry. Even in February 2020, OYO fired 360 employees in the US. Besides the

Oyo to tap into corporate segment with Novascotia Boutique Homes

By : CIOL Writers

Gurgaon-based, hotel aggregator Oyo has acquired Chennai-based service apartment operator Novascotia Boutique Homes marking Oyo’s entry into the service apartment and corporate executive stay segment. The development was first reported by ET. According to the report, the negotiations for the deal started last October and