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In May 2024, OYO reported its first-ever profit after tax (PAT) of ₹229 crore for the financial year 2023-24, according to the company's annual report. This comes on the back of eight consecutive quarters of positive adjusted EBITDA, the company stated. OYO's adjusted EBITDA grew by 215% to reach ₹877 crore in FY24, up from ₹277 crore in ...
OYO Rooms (stylised as OYO), also known as OYO Hotels & Homes, is an Indian multinational hospitality chain of leased and franchised hotels, homes, and living spaces. [ 7 ] [ 8 ] [ 9 ] Founded in 2012 by Ritesh Agarwal , OYO initially consisted mainly of budget hotels. [ 1 ]
Oyo Hotel & Casino [a] is a casino hotel near the Las Vegas Strip in Paradise, Nevada, United States. It is owned by Highgate and Oyo Hotels & Homes , and its casino is operated by Paragon Gaming . It is located east of the Strip and next to the former site of the Tropicana resort.
Chief Emmanuel Oyedele Ashamu (1924 - 1992) commonly known as Chief E. O. Ashamu or The Mayo of Oyo was a Nigerian land owner and Oyo Chief who was prominent in the Nigerian business sector during the 1960s - 1990s. [1] He was a pharmacist by training and was the owner of Industrial Chemists Ltd, Lagos.
Motel 6 is an American chain of motels with locations in the United States and Canada. The chain was founded in Santa Barbara, California, in 1962 by William W. Becker and Paul Greene, and derives its name from the fact that rooms initially cost only six dollars.
In the same year on 1 December, he was appointed as the CEO of OYO hotels in India and South Asia. [15] In 2020, he joined Fabindia as a member of its board of directors. [16] In 2021, he collaborated with his friend Anjan Chatterjee and opened a restaurant named Chourangi in London. [17] In December 2021 he co-founded Akasa Air along with ...
Bhavish Aggarwal (born 28 August 1985) is an Indian entrepreneur. He is the co-founder and CEO of Ola Consumer, founder of Ola Electric [1] and founder of Ola Krutrim, a large language model artificial intelligence (AI) company which became India’s first AI unicorn in 2024 an estimated valuation of $1 billion.
In 1983, OYO U.S.A was a subsidiary of OYO Japan’s North American, and operations were conducted through a wholly owned holding company. [6] In 1985, AMF Geo Space Corporation specializing in the geophone and hydrophone operations was announced to be sold by its parent company AMF Inc. A year later OYO U.S.A. acquired AMF Geo Space ...