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Oyo plans to lay off sales staff

Thursday, August 22, 2019, 12:17 PM

Oyo Hotels and Homes plans to lay off 150-200 people from sales teams across the country, said the source. About 60 salespeople in Oyo's New Delhi and Gurgaon offices were the first to be fired. A similar number is in the process of being let go in other locations including Mumbai and Pune. Those being asked to leave range from executives to managers.
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CCI refutes case against OYO regarding abuse of dominance

Thursday, August 1, 2019, 6:44 PM

The Competition Commission of India (CCI) has dismissed a case against Gurugram-based OYO's parent firm Oravel Stays over accusations that it abused its market dominance. The complaint was filed by New Delhi-based RKG Hospitalities, which alleged that OYO made one-sided, unfair and discriminatory agreements. CCI agreed with OYO's argument that it's not a dominant player in any relevant market.
 
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Hotels body Drags OYO To Competition Watchdog Over Broken Promises

Monday, July 22, 2019, 4:53 PM

The Federation of Hotel & Restaurant Associations of India (FHRAI) has filed a complaint with the Competition Commission of India against OYO. It alleged that three months after OYO promised partners an 18% interest on delayed payments, the issues continue to be unresolved. "Environment created by OYO has forced hoteliers to cut ties with it," FHRAI's honorary Joint Secretary said.

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