Oyo

FIR Against OYO In Jaipur, Inflated Bookings, ₹2.66 Crore GST Notice Spark Criminal Case

A Jaipur-based resort, Samskara, has lodged a criminal complaint against hospitality giant OYO and its founder Ritesh Agarwal, accusing them of manipulating booking records. The resort alleges that OYO inflated its turnover by showing fake hotel bookings, leading to a ₹2.66 crore tax notice from the GST department. Who is...

Room For Profit! OYO Aims For ₹1,100 Cr In Next FY

OYO aims to reach a ₹1,100 crore profit after tax (PAT) in the 2025-26 financial year, according to projections shared by Founder Ritesh Agarwal with the company’s leadership. The company expects an EBITDA of ₹2,000 crore, driven by strong top-line growth and the recent acquisition of Motel 6. This acquisition...

OYO Founder Ritesh Agarwal Revisits Mahakumbh After 20 Years, Shares Feelings

OYO founder and CEO Ritesh Agarwal recently joined the long list of popular personalities visiting the Mahakumbh Mela in Prayagraj, Uttar Pradesh. However, for him, this visit was more than just a spiritual experience.He was accompanied by his young son, Ary. Ritesh recalled his first visit to the grand event...

Why Is Boycott OYO Trending? Hospitality Brand Faces Backlash For Its Advertisement ‘Hurting’ Hindu Beliefs

OYO Rooms, the hospitality brand led by Ritesh Agarwal, has come under intense scrutiny after its latest advertisement triggered outrage among religious groups. The half-page promotional campaign, published in a Hindi newspaper, has been widely criticized for its perceived insensitivity toward Hindu beliefs. Advertisement Sparks Controversy The advertisement featured the...

Oyo Expands Its Reach: 500 Hotels To Open At India’s Top Religious Sites In 2025

Hospitality major Oyo has declared expansion plans in India. 500 new hotels will be added to the existing ones in 2025 at some of the major religious places in India, with a focus on key religious hubs across the country. This directly relates to the efforts by the Indian government...