OYO - Orval Stays Limited is one of the world's largest hospitality chains, providing budget and premium hotel accommodations globally.
Company Name | OYO – Oravel Stays Limited |
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Promoter | Ritesh Agarwal |
Est. Year | 2012 |
Industry | Hospitality and Travel |
ISIN No | INE561T01021 |
Face Value | ₹1 |
Website Link | Visit Our Website ↗ |
Despite challenges from the pandemic, OYO has rebounded with increasing occupancy rates and expansion in key global markets.
OYO Pre-IPO shares present a high-risk, high-reward investment in the evolving travel and hospitality sector.
Expanding international footprint, growing tourism sector, and asset-light business model.
OYO is investing in AI-driven hotel management solutions and expanding into vacation rentals.
OYO's premium brand, Sunday Hotels, plans to open 25 new properties across major Indian cities by March 2025.
In a recent interview, OYO CEO Ritesh Agarwal announced that the company is on track to achieve an EBITDA of ₹1,550 crore for FY25, bolstered by the acquisition of G6 Hospitality, which owns Motel 6 and Studio 6 brands.
OYO is expediting its IPO preparations, aiming to file updated papers in 2025 after withdrawing its previous filings in May 2024.