OYO has unveiled a B2B corporate travel and event planning product called Oravel Travel Solutions.ย
Announcing the move on X, founder and CEO Ritesh Agarwal said OYO’s more than 500 serviced-accommodation properties across India offer special corporate rates as well as help with conference and event planning via a dedicated team.ย
“We understand the need for seamless corporate travel and event planning,” said Agarwal.
He added that the company has already supported a number of companies in India with events including Tech Mahindra, Sun TV Network and V Mart Retail.ย
The news follows OYO-parent Oravel Stay’s recent acquisition of United States-based budget accommodation specialist G6 Hospitality, parent of the Motel 6 brand, for $525 million.
OYO also announced in August that it had raised Series G funding of $174 million which Agarwal said would go towards “future growth efforts.”
