Overview of Oyo unlisted shares

Oyo Unlisted Shares Sector At Glance: Hospitality

The hospitality market in India is experiencing significant growth, driven by the country's rich culture and diversity, which attract global guests. By 2028, international tourist arrivals are expected to reach 30.5 billion, generating over US$ 59 billion in revenue. The revenue in this sector is anticipated to show an annual growth rate (CAGR 2023-2027) of 8.28%, resulting in a projected market volume of US$ 10.53 billion by 2027. The direct contribution of the hotel industry to the GDP was $40 billion in 2022 and is expected to reach $68 billion by 2027.

About Oyo Unlisted Shares:

Oyo unlisted shares were incorporated as 'Oravel Stays Private Limited' in New Delhi and founded in 2012 by Ritesh Agarwal. Oyo unlisted shares also provide a new-age technology platform that empowers small entrepreneurs and owners to manage and operate their hotels and homes efficiently. Through its full-stack technology products and services, Oyo unlisted Shares aims to simplify operations, making it easy for customers to book affordable accommodation.

Key highlights include an increase in gross booking value from Rs 8100 Cr in FY 2021-22 to Rs 9559.1 Cr in FY 2022-23. Oyo unlisted shares has over 1.74 lakh hotels globally, with a presence in more than 35 countries and 800 cities and over 1.3k employees. With over 100 million downloads, the OYO App was the 3rd most downloaded travel app in 2020. Additionally, OYO Wizard, the company's loyalty program, boasts 9.2 million members, making it the second-largest loyalty program run by a travel or food brand in India by subscriber base.

Oyo Unlisted Shares & Its Board:

Oyo unlisted shares are overseen by a distinguished board of directors. Ritesh Agarwal serves as the Founder, Chairman, and Non-Executive Director. Aditya Ghosh holds the position of Non-Executive Director. The board also includes Bejul Somaia, Dr. Deepa Malik, Troy Matthew Alstead, and William Steve Albrecht, all of whom serve as Non-Executive Independent Directors.

Key Financials of Figures of Oyo Unlisted Shares:

• Non-current assets: Increased from Rs 5314.32 Cr in FY22 to Rs 5638.00 Cr in FY23 due to higher goodwill, investments in joint ventures, and other financial assets.

• Equity share capital: Improved by 0.07% in FY23 due to share allotment.

• Current liabilities: Declined from Rs 1993.89 Cr in FY22 to Rs 1919.51 Cr in FY23 due to reduced trade payables and current lease liabilities.

• Non-current liabilities: Increased from Rs 5014.81 Cr to Rs 5430.35 Cr due to higher borrowings, non-current lease liabilities, and other non-current liabilities.

• Revenue from operations (RFO): Rose by 14.28%, from Rs 4781.36 Cr in FY22 to Rs 5463.95 Cr in FY23.

• Total income: Increased to Rs 5601.70 Cr in FY23 due to higher other income.

• Loss reduction: Losses decreased from Rs -1941.56 Cr in FY22 to Rs -1286.52 Cr in FY23.

• EBITDA: Became positive in FY23 with Rs 256.50 Cr due to increased RFO, total income, and reduced expenses.

• Cash flow from operating activities: Turned positive with Rs 141.84 Cr in FY23.

• Investing activities: Cash outflow of Rs 108.83 Cr in FY23 due to purchase of PPE, acquisition of subsidiaries, and investments in FDs.

Awards And Recognitions For Oyo Unlisted Shares:

Oravel Stays unlisted shares have received numerous awards and recognitions. The "Plutus Pricing Platform" was honored as the 'Leading Provider of AR/VR Technology' at the India International Hospitality Expo Awards in December 2022 and was recognized as the 'Most Innovative AI-product' by the AGBA Awards in February 2023. The unlisted shares of Oyo also won the Bronze Award at the Stevie Asia Pacific Awards for Yo! Chat in the Excellence in Customer Service category. Furthermore, Oyo unlisted shares received the ‘Travel and Hospitality Award’ at the MoEngage Customer Excellence Awards 2022 for Segmentation, Personalization, and DPM-based communication in October 2022.

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