Oyo Lays Off 600-800 Employees In Fresh Restructuring: Report
Beleaguered hospitality companies are still trying to come to terms with the coronavirus pandemic. Oyo Rooms has laid off 600-800 employees in a…
Tag: oyo rooms
MakeMyTrip Launches Budget Brand Value+
Oyo Rooms and Zo Rooms had barely time to recover from the blow of being taken off hotel room aggregators MakeMyTrip and Ibibo, and there’s more bad news. In direct competition to their business model, MakeMyTrip has launched its own budget brand, Value+, which will offer rooms from Rs 900 to Rs 2,000 per night.
MakeMyTrip, GoIbibo, Yatra Remove Oyo Rooms, Zo Rooms Listings
It’s the old guard versus the new. Wary of the traction being generated by new-age hotel booking sites like Oyo Rooms and Zo Rooms, incumbents MakeMyTrip, GoIbibo and Yatra have collectively removed listings from these properties from their sites.
Oyo Rooms Unveils New Logo
It’s the season of logo changes. After Google surprised industry watchers and consumers alike with its sleek new logo, and Verizon unveiled theirs after their acquisition of AOL, it’s time for a firm closer home to come up with a new brand identity. Oyo Rooms, the 3 year old budget booking app, has come up with a new logo.
After Oyo Rooms, Zo Rooms Raises Fresh Funding
Barely a couple of days after hotel aggregator Oyo Rooms raised $100 million from Softbank, fierce rival ZO has raised $30 million from existing investors, Tiger Global Ventures and Orios venture partners.