IPO-bound Oyo eyes doubling of revenue from company serviced hotels by FY26

New Delhi, IPO-bound global travel tech platform Oyo on Friday said it expects to raise booking revenue from company-serviced hotels to 44% from 22% by the end of current financial year, as part of its increasing focus on India and premium property expansion.

Oyo presently operates over 1,300 company-serviced hotels in India, primarily featuring its mid to premium segment brands, including Townhouse, Townhouse Oak, Capital O, Palette, and SUNDAY.

The share of company-serviced hotels in Oyo’s portfolio is also set to double, expanding their presence…