You are here: Home » Companies » Analysis
Siemens posts multiple jump in PAT to Rs 162 crore for June quarter
Business Standard

Oyo makes room for revival, tweaks strategy for sustainable growth

The asset- and capex-light model, which is at the heart of the strategy, is yet to be tested

Topics
OYO Hotels & Homes | SoftBank | Budget hotels

Surajeet Das Gupta  |  New Delhi 



Photo: OYO Hotels & Homes
Photo: OYO Hotels & Homes

SoftBank’s Masayoshi Son, one of the chief financial backers of Oyo Hotels and Rooms, called it the jewel of his fund. His expectation from the budget hotel chain start-up, in which has a 46 per cent stake, founded by Ritesh Agarwal was simple: Become the largest hotel chain network in the world in terms of rooms.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Wed, August 11 2021. 06:00 IST

RECOMMENDED FOR YOU

.