OYO | Jotup

OYO launches virtual front desk for De Rantau properties

Retrieved on:

Thursday, October 19, 2023

Food, Hotel, OYO, City, Transport, Tourism, Language, John de Rantau

- Guests will also receive tailored recommendations for activities, dining, and local attractions

Key Points:

- Guests will also receive tailored recommendations for activities, dining, and local attractions
KUALA LUMPUR, Oct 19, 2023 - (ACN/NewsVoir) - Global hospitality technology company OYO has announced the launch of virtual front desk solutions for De Rantau properties in Malaysia.
OYO is expecting that virtual front desk will significantly expedite response and issue resolution.
The virtual front desk will support 80+ languages and will promptly assist guests in their preferred language, addressing queries and concerns in real-time.
With the introduction of the Virtual Front Desk, OYO is taking a significant step toward addressing this issue and making international travel more accessible and enjoyable".

OYO Reports its first net profit at RM9 million

Retrieved on:

Thursday, October 12, 2023

In a letter to the company's top management, founder Ritesh Agarwal shared that Q2 FY2024 has turned out to be company's maiden profitable quarter with profit after tax (PAT) of over RM9 million (approx).

Key Points:

In a letter to the company's top management, founder Ritesh Agarwal shared that Q2 FY2024 has turned out to be company's maiden profitable quarter with profit after tax (PAT) of over RM9 million (approx).
Agarwal, during an employee town hall earlier this year, also shared that OYO expects to clock Adjusted EBITDA of nearly RM455 million in FY2024.
Its Adjusted Gross Profit Margin rose to 43% of revenue, and its Adjusted Gross Profit increased by 23% to RM1333 million in FY23 from RM1088 million in FY22.
Recently, global ratings agency Moody's (Moody's Investors Service) shared that it expects OYO to remain EBITDA positive for FY24.

Own Your Own Announces 24 Finalists in Million Dollar Nationwide Restaurant Challenge

Retrieved on:

Wednesday, August 16, 2023

OYO, Town square, American Dream, Movement

BURGAW, N.C., Aug. 16, 2023 /PRNewswire/ -- The Own Your Own (OYO) Million Dollar Nationwide Restaurant Challenge is excited to announce the 24 Finalists who will be coming to Burgaw, NC this October to compete for the opportunity to own their own restaurant at 106-108 W. Courthouse Avenue.

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BURGAW, N.C., Aug. 16, 2023 /PRNewswire/ -- The Own Your Own (OYO) Million Dollar Nationwide Restaurant Challenge is excited to announce the 24 Finalists who will be coming to Burgaw, NC this October to compete for the opportunity to own their own restaurant at 106-108 W. Courthouse Avenue.
These finalists, selected from a group of over 500 applicants, represent 10 states and a wide range of concepts.
On Saturday, October 21, 2023, the final 24 will face off against each other in a Town Square Cook-off along W. Courthouse Avenue in conjunction with Burgaw's inaugural Autumn Fest.
Each applicant will have a pop-up kitchen from which to serve a sample size dish that represents their concept.

OYO to add 100 hotels as a digital nomad DE Rantau program partner

Retrieved on:

Friday, July 21, 2023

Hotel, Partnership, Food, Tourism, Government, OYO, City, Coffeehouse, Film industry, John de Rantau

- OYO to focus on key regions including Langkawi, Penang, Klang Valley, Ipoh and Melaka for this program

Key Points:

- OYO to focus on key regions including Langkawi, Penang, Klang Valley, Ipoh and Melaka for this program
KUALA LUMPUR, July 21, 2023 - (ACN/NewsVoir) - Global hospitality technology company OYO plans to add 100 premium category hotels to support DE Rantau program in Malaysia.
It will focus on key regions such as Langkawi, Penang, Klang Valley, Ipoh and Melaka for onboarding hotels under this program.
DE Rantau program is aimed at establishing Malaysia as the preferred Digital Nomad Hub to boost digital adoption and promote digital professional mobility and tourism across Malaysia.
It will also conduct a quarterly audit of OYO hotels onboarded under this program to ensure quality of services.

OYO Rolls Out Contactless Self Check-In powered by GPT-4-for its UK Hotels

Retrieved on:

Thursday, July 20, 2023

Online, WhatsApp, Olota of Ota, OVH, Language, DanCenter, Artificiality, Artificial intelligence, OYO, City, Tourism, Hotel

London, 20th July 2023: Global hospitality technology company OYO has announced the launch of a virtual front desk solution for its partner hotels in the UK.

Key Points:

London, 20th July 2023: Global hospitality technology company OYO has announced the launch of a virtual front desk solution for its partner hotels in the UK.
Round-the-clock virtual front desk powered by ChatGPT4 will reduce front desk operations expenses by ~60%, saving an average OYO hotel ~€50,000 annually.
OYO UK recently announced that it will be adding over 50 hotels to its portfolio in the UK in 2023.
OYO currently has 160+ small hotels in over 65 cities in its network in the UK.

Sirion Appoints Siddharth Chatterjee as New Senior VP of Human Resources

Retrieved on:

Friday, June 30, 2023

Sirion , the global leader in AI-powered contract lifecycle management (CLM), today announced the appointment of Siddharth Chatterjee as Senior Vice President of Human Resources.

Key Points:

Sirion , the global leader in AI-powered contract lifecycle management (CLM), today announced the appointment of Siddharth Chatterjee as Senior Vice President of Human Resources.
With over 15 years of experience spanning startups, telecom and other core industries, Chatterjee brings a wealth of knowledge to Sirion.
Previously, Chatterjee served as the Human Resources Head for OYO's European operations, leading the successful cultural integration of various acquired entities across the continent.
He will be responsible for leading Sirion’s human resources strategy, global talent acquisition, leadership development, cultural development, employee education, compensation and benefits, and employee relations.

Middle West Spirits Increases Distribution Partnership with Independent Distributor Network

Retrieved on:

Tuesday, June 20, 2023

IDN, Farley's & Sathers Candy Company, Partnership, Lux, Wheat whiskey, Petal, OYO, Citrus, Liquor, Drug, D.C

COLUMBUS, Ohio, June 20, 2023 /PRNewswire-PRWeb/ -- Middle West Spirits today announces an expanded distribution partnership with the Independent Distributor Network (IDN) to add Missouri, South Carolina and Kentucky. The IDN partnership now includes 18 total states: Texas, New Mexico, South Dakota, North Dakota, Tennessee, Kansas, Iowa, Alabama, Mississippi, Oklahoma, Nebraska, Illinois, Georgia, Michigan, Missouri, South Carolina, Kentucky, and Minnesota. Nationally, Middle West Spirits products are available in 43 states and Washington, D.C.

Key Points:

Middle West's Celebrated Spirits Are Available Nationally in 43 States and Washington, D.C.
Middle West Spirits announces an expanded distribution partnership with the Independent Distributor Network (IDN) to add Missouri, South Carolina and Kentucky.
Nationally, Middle West Spirits products are available in 43 states and Washington, D.C.
COLUMBUS, Ohio, June 20, 2023 /PRNewswire-PRWeb/ -- Middle West Spirits today announces an expanded distribution partnership with the Independent Distributor Network (IDN) to add Missouri, South Carolina and Kentucky.
Nationally, Middle West Spirits products are available in 43 states and Washington, D.C.
"We're thrilled to expand our successful partnership and distribution footprint with IDN," said Victor Spotloe, vice president of branded sales at Middle West Spirits.
The Independent Distributor Network has and will continue to make Middle West Spirits a pillar in our network," said Mark Harmann, national sales director for Independent Distributor Network.

OYO’s London Hotels Revenue leaps 21% During Coronation Weekend

Retrieved on:

Thursday, June 15, 2023

Online, IVR, Travel, Chatbot, Coronation, Olota of Ota, OVH, DanCenter, Artificiality, Artificial intelligence, City, OYO, Tourism, Hotel, RevPAR, EU

London, 12th June 2023: Global travel technology company OYO’s hotels in London clocked a 21% increase in revenue & 18% increase in per available room revenue (RevPar) as travellers flocked the city to witness Britain’s first coronation in nearly 70 years.

Key Points:

London, 12th June 2023: Global travel technology company OYO’s hotels in London clocked a 21% increase in revenue & 18% increase in per available room revenue (RevPar) as travellers flocked the city to witness Britain’s first coronation in nearly 70 years.
Hotels across UK saw a 16% increase in revenue and 10% increase in RevPar as compared to an average business-as-usual weekend in April i.e., 14thto 17th April.
Online searches and demand for hotels in London witnessed a spike even during weekend preceding the coronation week.
The bank holiday weekend from 28th April to 1st May saw OYO hotels in London clocking the highest revenue per available room (RevPar) of 2023, surpassing all previous months up until April.

Own Your Own & The Million Dollar Restaurant Competition Documentary

Retrieved on:

Thursday, May 25, 2023

Yahoo! HotJobs, Emmeline, OYO, Table, Television, Johnson, Drinking establishment, Fast food

OYO launched a nationwide competition this past January to find the future owner of a new restaurant in Burgaw.

Key Points:

OYO launched a nationwide competition this past January to find the future owner of a new restaurant in Burgaw.
To find the next restaurant entrepreneur, they are holding a nationwide competition where the winner gets a 3,000-sq.
In addition to running the competition and making the documentary, OYO is in talks to explore the idea of developing a television show based on the competition and its impact on Burgaw.
If you have any questions related to the competition, the documentary, or a potential show idea, please feel free to contact us at [email protected]

EQS-News: OYO ROOMS: OYO to add over 50 hotels in the UK in 2023, London & Birmingham continue as focus cities

Retrieved on:

Tuesday, May 9, 2023

Online, RevPAR, IVR, London and Birmingham Railway, Olota of Ota, OVH, DanCenter, Puneet Yadav, Artificiality, Artificial intelligence, City, OYO, Nightclub, Hotel, Tourism, Video game, EU, COVID-19, Bath

OYO ROOMS: OYO to add over 50 hotels in the UK in 2023, London & Birmingham continue as focus cities

Key Points:

OYO ROOMS: OYO to add over 50 hotels in the UK in 2023, London & Birmingham continue as focus cities
The issuer is solely responsible for the content of this announcement.
OYO to add over 50 hotels in the UK in 2023, London & Birmingham continue as focus cities
London, 8th May 2023: Global travel technology company, OYO announced that it will be adding over 50 hotels to its portfolio in the UK in 2023.
OYO currently has 150+ small hotels in over 65 cities in its network in the UK.
While London, Birmingham, Torquay, Great Yarmouth and Manchester are the top markets for OYO in UK, it further plans to expand and focus on Leeds, Brighton & Plymouth in 2023.