OYO

OYO Hotels and Homes Pvt Ltd., founded in 2013 and based in Ahmedabad, India, is a hospitality company that operates a branded network of hotels and living spaces. The company focuses on providing standardized stay experiences at budget-friendly prices, making it accessible to a wide range of customers. OYO's offerings include various amenities such as free breakfast, holiday packages, and a referral program, ensuring a comfortable and memorable stay without excessive costs. By leveraging its mobile application, OYO enables users to easily book accommodations across South Asia and beyond, targeting both individual travelers and small businesses. As a subsidiary of Oravel Stays Private Limited, OYO aims to enhance the hospitality experience through its commitment to quality and affordability.

Rakesh Kumar

CFO

Past deals in Hospitality

Leisure Group

Acquisition in 2019
The Leisure Group is one of the largest players in the European online market for accommodation rentals, such as holiday homes, holiday parks and hotels. @Leisure is the market leader in both the Benelux and the German online travel markets. Leisure offers in excess of 300,000 holiday properties in 36 countries, approximately 20,000 of which are under direct contract.

Qianyu Islands

Acquisition in 2019
Qianyu Islands, the flagship brand of Beijing Beike Youjia Technology Co., Ltd., operates in the urban shared accommodation sector, offering a diverse selection of lodging options that cater to modern consumer preferences. Established in 2017, the company aims to redefine traditional hospitality by providing younger, more flexible, and cost-effective alternatives to conventional hotels and bed-and-breakfasts. Qianyu Islands focuses on enhancing the quality and experience of its accommodations, featuring various styles, including Japanese-inspired suites, to meet the needs of a new generation of travelers. By leveraging an Internet-based approach, Qianyu Islands is actively transforming the mid-range urban accommodation market to deliver greater value and unique experiences.

AblePlus

Acquisition in 2018
AblePlus Solutions Pvt. Ltd. is a Mumbai-based company that specializes in developing Internet of Things (IoT) solutions aimed at enhancing the hospitality industry in India. Established in 2017, the company focuses on remote monitoring and management of various accommodation types, including hotels, hostels, and guesthouses. Its technology allows for the detection of room occupancy, enabling hospitality providers to efficiently track assets and reduce energy consumption, thereby minimizing their carbon footprint. AblePlus collaborates with major online aggregators in the hospitality sector to create intelligent IoT systems, contributing to an improved customer experience and operational efficiency. As of mid-2018, AblePlus operates as a subsidiary of Oravel Stays Private Ltd.

Novascotia Boutique Homes

Acquisition in 2018
Novascotia Boutique Homes is a Chennai-based service apartment operator. Moreover, Novascotia manages 350 rooms in Chennai, Coimbatore, Hyderabad, Kochi as well as Trivandrum. Novascotia Boutique Homes was founded by G Madhu Manohar and Girja Madhu.
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