IPO-bound Oyo eyes doubling of revenue from company serviced hotels by FY26

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New Delhi, IPO-bound global travel tech platform Oyo on Friday said it expects to raise booking revenue from company-serviced hotels to 44% from 22% by the end of current financial year, as part of its increasing focus on India and premium property expansion.

Oyo presently operates over 1,300 company-serviced hotels in India, primarily featuring its mid to premium segment brands, including Townhouse, Townhouse Oak, Capital O, Palette, and SUNDAY.

The share of company-serviced hotels in Oyo’s portfolio is also set to double, expanding their presence…



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IPO-bound Oyo eyes doubling of revenue from company serviced hotels by FY26


New Delhi, IPO-bound global travel tech platform Oyo on Friday said it expects to raise booking revenue from company-serviced hotels to 44% from 22% by the end of current financial year, as part of its increasing focus on India and premium property expansion.

Oyo presently operates over 1,300 company-serviced hotels in India, primarily featuring its mid to premium segment brands, including Townhouse, Townhouse Oak, Capital O, Palette, and SUNDAY.

The share of company-serviced hotels in Oyo’s portfolio is also set to double, expanding their presence…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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