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OYO hotel in Johor, Malaysia In 2019, OYO acquired Hooters Casino Hotel near the Las Vegas Strip. In 2012, Ritesh Agarwal launched Oravel Stays as a budget accommodation listing and booking website, later renamed to OYO in 2013. [11]
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. The hotel has 696 rooms with a 30,000-square-foot (2,800 m 2) casino.
In 2012, The Blackstone Group acquired the hotel brand from Accor Hotels, and began managing it as part of its real estate business. In September 2024, Oyo Rooms, an Indian hospitality chain, announced an agreement to acquire Motel 6 and Studio 6 in an all-cash transaction valued at $525 million. [1]
In June 2021, Yatra collaborated with Oyo Rooms, Airbnb, and EaseMyTrip to form the Confederation of Hospitality, Technology and Tourism Industry (CHATT), an industry body for the tourism sector of India. [14] In 2023, Yatra Online listed on the Indian stock exchanges after its initial public offering. [15]
Ritesh Agarwal (born 16 November 1993) is an Indian billionaire entrepreneur [2] and the founder and CEO of OYO Rooms, a hospitality chain. [3] He has been a panellist on Shark Tank India (season 3) in 2024. [4]
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