Hooters filed for bankruptcy, selling company-owned locations to franchisees while struggling with financial and legal ...

A fire broke out at Aleshinloye Market in Ibadan, the Oyo State capital on Tuesday night. Confirming the incident, the General Manager of Oyo State Fire Services, Akinyemi Akinyinka, said ...

Tension is building up in Oyo ahead of the 23-day curfew announced by Rotimi Osuntola, the Chief of Staff to the newly appointed Alaafin of Oyo, Oba Akeem Abimbola Owoade. DAILY POST recalls that ...

Mayor Mahesh Kumar has instructed the MCD to take decisive action against illegal spa centres, unlicensed OYO hotels, and unauthorized restaurants in Delhi. Highlighting the health, safety, and ...

Mayor Mahesh Kumar directed the public health department of the Municipal Corporation of Delhi (MCD) on Thursday to take strict action against illegal spa centres, unauthorised OYO hotels and ...

Ritesh Agarwal, the founder of Oyo claims that the company will report a profit after tax of Rs 1,100 crore in 2025-26. This PAT will be higher than the Rs 229.6 crore reported in 2023-24. This profit ...

Barely a month after he was appointed the new Alaafin of Oyo, Abimbola Owoade returned from Canada to undergo traditional rites. PREMIUM TIMES reported that Governor Seyi Makinde, through a ...

Hospitality company OYO is expecting Rs 1,100 crore in net profit for the next financial year 2025-26, sources said based on the projections shared by Founder Ritesh Agarwal with the company’s ...

The new Alaafin of Oyo, Oba Akeem Owoade, has landed at Murtala Mohammed International Airport in Lagos State from Canada. Owoade, who was spotted by our correspondent at around 6:25 pm on ...

OYO Hotels is likely to announce initial public offering (IPO) within the next six to 12 months, accoring to a livemint report citing sources. The hospitality sector startup will be listed on both BSE ...

Upcoming IPO: Oyo Hotels is preparing to list on the Indian stock exchanges within the next six to 12 months, amid a strong profit trajectory. "Given we are consistently posting profits for the ...

Oyo has been flirting with an IPO for years, but Covid-19 wrecked its earlier ambitions. Now, the hotel chain is talking to bankers again, targeting a valuation of up to $5 billion, according to ...