OYO
OYO Hotels and Homes Pvt Ltd. is a hospitality company based in Ahmedabad, India, that was founded in 2013. The company specializes in owning and operating a network of hotels, homes, and living spaces, which are available for booking through its mobile application. OYO aims to provide affordable and comfortable accommodation options, catering to both budget-conscious travelers and those seeking premium experiences. By offering technology-driven solutions, OYO empowers entrepreneurs and small business owners in the hospitality sector, enhancing their operational efficiency and revenue potential. The company is a subsidiary of Oravel Stays Private Limited and is recognized for its commitment to delivering quality services comparable to those of five-star hotels while remaining accessible to a broader audience.
Motel 6
Acquisition in 2024
Motel 6 is a motel chain based in Tulsa, Oklahoma, that provides boarding and lodging services across the United States and Canada. The company, formerly known as La Quinta Inn before rebranding in 2013, owns, operates, and franchises a network of budget-friendly hotels. Motel 6 is committed to offering clean and comfortable accommodations, with locations strategically situated near airports, freeways, and other major thoroughfares to enhance accessibility for its customers. The chain focuses on delivering memorable experiences at affordable prices, catering to travelers seeking economical lodging options.
Checkmyguest
Acquisition in 2024
Checkmyguest is a rental management company based in Paris, France, specializing in short-term rentals and mobility leases. Founded in 2016, the company focuses on transforming commercial premises into seasonal rental accommodations, allowing property owners to optimize profitability. Checkmyguest offers a comprehensive service that manages the entire rental process, from the initial study phase to full operation. In addition, the company provides a reservations tracking service and enhances the appeal of properties through professional photography, ensuring that accommodations attract future guests.
Danamica
Acquisition in 2019
Danamica is a Copenhagen-based company that provides advanced pricing tools specifically designed for vacation rental agencies. Its user-friendly technology enables these agencies to implement optimal and dynamic pricing strategies at a low cost, thereby maximizing their rental income. By continuously monitoring and analyzing the holiday rental market, including local demand trends, Danamica offers valuable insights that help agencies understand how their property portfolios perform in comparison to competitors. This approach is recognized for its effectiveness in enhancing revenue and profitability, addressing the shortcomings of outdated pricing methods still used by many rental agencies.
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.
OYO LIFE
Funding Round in 2018
OYO LIFE is a rental housing service operating in Japan, aimed at providing affordable accommodations for citizens, students, and young professionals. The company focuses on creating unique living experiences by streamlining the occupancy process, allowing users to complete all necessary procedures through their smartphones. This approach enhances convenience and accessibility for those seeking rental options, positioning OYO LIFE as a significant player in the housing rental market.
Novascotia Boutique Homes
Acquisition in 2018
Novascotia Boutique Homes is a service apartment operator based in Chennai, specializing in executive furnished accommodations across multiple cities, including Coimbatore, Hyderabad, Kochi, and Trivandrum. Founded by G Madhu Manohar and Girja Madhu, the company manages approximately 350 rooms and caters to around 500 guests daily. Novascotia offers a variety of guest house options and provides a range of services such as full-time caretaker and cook assistance, on-call laundry, daily housekeeping, and transport arrangements. Additional amenities include CCTV surveillance, Tatasky DTH, ladies supervision hubs, night patrolling, exclusive public relations services, and in-house food and beverage offerings, targeting corporate clientele and multinational companies.
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