Tag Archives: Rooms

Micromax Smartphone Users to Get Exclusive Discounts on Oyo Rooms

Micromax on Thursday announced a partnership with Oyo Rooms to give customers of its devices a ‘seamless booking experience’ as well as exclusive deals. The integration will available either in the form of an on-device native experience via its Around-Steroid Launcher, and via factory preloaded Oyo app on other devices, the two companies said in a joint statement. Micromax users ... Read More »

Hotel Industry Warns Tourism To Suffer At 18% GST On Rooms

Mumbai: The Hotel and Restaurant Association of Western India (HRAWI) on Monday said the government’s four-tier structure in Good and Services Tax (GST), in which the service sector will be taxed at 18 per cent, will cause the tourism sector a major setback. In the recently-concluded meet on GST, the government has declared a four-tier structure of 5, 12, 18 ... Read More »

SoftBank Confirms Oyo Rooms Has Acquired Zo Rooms

In an earnings presentation posted on its website on Wednesday, SoftBank-funded Oyo Rooms has officially confirmed the acquisition of its rival, Tiger Global backed Zo Rooms. Founded in 2014 by Paavan Nanda, Siddharth Janghu, Abhishek Bhutra, Tarun Tiwari, and Chetan Chauhan, Zo Rooms has a presence in 54 cities, 800 hotels and claims over 249,000 bookings made on its services. ... Read More »

Zo Rooms Website, App Down – Shutdown or Merger on the Cards?

Both the website and app of Tiger Global backed branded budget room chain Zo Rooms has been down for over 24 hours, in what could be interpreted as signs of a consolidation in the sector. Update: The Zo Rooms website and app are operational again. Paavan Nanda, Co-Founder of Zo Rooms declined to comment on rumours of an acquisition. Gadgets ... Read More »