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.

Rakesh Kumar

CFO

Past deals in Hotel

G6 Hospitality

Acquisition in 2024
Their mission is to build on the iconic heritage of their brands — Motel 6 and Studio 6 — to become the universally recognized leader in economy lodging. They operate their business with the drive and creativity of an entrepreneur, guided by a heart that’s dedicated to hospitality and service. They continuously strive to reinvent the economy lodging category while remaining 100 percent committed to delivering a great experience to their guests, team members, franchisees and partners. In 2015, G6 Hospitality was rated one of the top ten hospitality companies according to the Hotel Management Top Hotel Companies rankings list, which evaluated over 260 hotel companies.

Studio 6

Acquisition in 2024
Studio 6 offers affordable extended stays with fully furnished kitchens, living areas, and free Wi-Fi at competitive rates

Motel 6

Acquisition in 2024
Motel 6 is a motel chain that provides budget-friendly lodging through a network of hotels located primarily in the United States and Canada. The company offers clean and comfortable rooms, catering to travelers seeking affordable accommodations. Originally known as La Quinta Inn, it rebranded to Motel 6 in August 2013. Based in Tulsa, Oklahoma, Motel 6 operates as a subsidiary of Maankee Hospitality LLC. The chain is strategically positioned near airports, freeways, and other major thoroughfares, ensuring convenient access for guests. Through its ownership, operation, and franchising model, Motel 6 aims to deliver memorable experiences at a value-oriented price point.

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.

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 is the flagship brand of Beijing Beike Youjia Technology Co., Ltd., operating in the urban shared accommodation sector. Established in 2017, the company aims to enhance the traditional lodging experience by offering diverse options such as Japanese-style suites and hotel rooms tailored for a younger demographic. Qianyu Islands prioritizes quality, experience, and innovation, seeking to provide affordable and flexible accommodation solutions that cater to modern consumer preferences. By leveraging internet-based strategies, the company is redefining the mid-end urban accommodation market, focusing on delivering higher value and greater possibilities for its clientele.

Novascotia Boutique Homes

Acquisition in 2018
Novascotia Boutique Homes is a Chennai-based service apartment operator founded by G Madhu Manohar and Girja Madhu. The company specializes in providing executive furnished accommodations across various cities, including Chennai, Coimbatore, Hyderabad, Kochi, and Trivandrum, managing approximately 350 rooms. Catering primarily to corporate clients and multinational companies, Novascotia offers full-time caretaker and cook services, on-call laundry, daily housekeeping, and transportation arrangements. Their facilities include comprehensive security measures such as CCTV and night patrolling, as well as amenities like Tatasky DTH and a ladies supervision hub. With five categories of guest houses available, Novascotia Boutique Homes accommodates around 500 guests daily, ensuring a comfortable and secure environment for business personnel.
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