Add this topic to your myFT Digest for news straight to your inbox
Plans for IPO are unlikely to help rebuild the business
SoftBank-backed hotel platform joins start-ups rushing to tap Indian stock market
Speed of expansion was fraying the hotel start-up even before the pandemic
Even before coronavirus, analysts were asking if Ritesh Agarwal’s Oyo hotel chain was overvalued
SoftBank-backed company vows ‘no or negligible lay-offs’ as revenues and occupancy rates slide
Indian hospitality group hit by falling hotel occupancy rates and business model snags
Outbreak complicates the SoftBank-backed hotel chain’s efforts to stem mounting losses
Indian group acknowledges rapid expansion has knocked it ‘off balance’
SoftBank-backed Indian start-up pulls back as hotelier complaints continue
Disputes with hoteliers come as investors and ex-staff point to wider problems at Chinese unit
Owners complain they are being paid less than the income they were promised
Indian hotel start-up relies on heavy spending for growth but profits are far away
Fast growing hotel chain denies collusion with booking platform
Discount hotel chain backed by SoftBank seeks to expand in US
Fast-growing Indian hotel chain offers solace for Japanese investor
SoftBank-backed hotel group valued at $10bn after Ritesh Agarwal’s investment
Push comes as SoftBank-backed hotel group steps up growth
Acquisition of Amsterdam-based group aimed at boosting presence in short-term property rental
SoftBank-backed franchise valued at $5bn at its last funding round
The hotel entrepreneur encourages staff to come up with ideas to develop the business
Founder says he runs world’s ‘most advanced hotel system’ but analysts warn on expansion
Founder says $1bn of SoftBank-led funding will help chain take market’s top spot
International Edition