History . [37], In May 2019, OYO announced the acquisition of Amsterdam-based @Leisure Group, Europe's largest vacation rental company. OYO Rooms is an Indian virtual hospitality brand. Oyo Empire(1600-1836) was a Yoruba empire, located in present day Nigeria and Benin. 2013- Agarwal was also selected for Thiel Fellowship, a 2-year-old program started by the founder of Paypal which gave him funding of $100,000 to pursue and make real the idea of his start-up. Conquering the Asian Territory and Stepping into the International Markets. The mobile app was a catalyst in writing the success story of this hotel chain start-up that was to follow. All autobiographies and biographies are significant documents. Based to a large extent on the dynastic tradition of the formerly dominant Oyo clan, it is presently in the process of re-evaluation. [59], In 2019, OYO rooms plans to implement a digital register mechanism which will allow it to share customer data in real time with the government. * 1 Ancient history * 2 Yoruba origin mythology * 3 After Oduduwa * 4 Golden age Directors & Executive officers. OYO Rooms manager arrested for raping woman in Gurgaon hotel", "Man raped and threatened to kill woman at Oyo Hotel", "19YO student gang-raped in OYO hotel at Kukatpally, three arrested", "Four arrested for rape of Delhi woman at a hotel in Hyderabad", "OYO has $1 billion to fund operations until IPO, says CEO Ritesh Agarwal", https://en.wikipedia.org/w/index.php?title=Oyo_Rooms&oldid=991927501, Short description is different from Wikidata, All Wikipedia articles written in Indian English, Articles with unsourced statements from April 2020, Creative Commons Attribution-ShareAlike License, This page was last edited on 2 December 2020, at 15:44. In the Yoruba myth of creation of the universe, “Olódùmarè” is the Supreme Creator, who delegated His powers to the “Òrìsà”, giving them the … OYO Hotels & Homes is a full-fledged hotel chain that leases and franchises assets. Oyo was launched in Gurgaon. During the 17th century, Oyo began a long stretch of growth, becoming a major empire. Corporate Profile. The Oyo Mesi developed as a check on the Alaafin’s power, preventing the Alaafin from being an autocrat; the Oyo Mesi compelled many Alaafin to commit suicide during the 17th and 18th centuries. Sàngó is a divinity among the Yoruba Òrìsà Pantheon, related to the mythology of the Yoruba Indigenous Religion known as “Èsìn Òrìsà Ìbílè”. The Oyo Empire flourished from the 17th to 19th century CE in what is today southwest Nigeria. List of Offices. OYO Hotels & Homes, a young hotel startup, today is the world’s leading chain of hotels, homes, and spaces. [38], In July 2019, OYO announced the acquisition of Innov8. Oyo is bounded by the states of Kwara on the north, Osun on the east, and Ogun on the south and by the Republic of Benin on the west. The 22 nd Alaafin Ojigi was the first to make Dahomey a tributary of the Oyo kingdom. [39], In August 2019, Oyo made its first major investment in the United States by purchasing the Hooters Casino Hotel, near the Las Vegas Strip, in partnership with US-based real estate company Highgate, for $135 million.[40][41][42]. History of OYO Corporation Overview of our history from 1957 to 2017. Oyo Rooms (stylised as OYO), also known as Oyo Hotels & Homes, is an Indian hospitality chain of leased and franchised hotels, homes and living spaces. Retailers Less Crowded Due to Increasing Online Holiday Sales, Here's how the Best Places to Work have led in 2020, Personalized Gift Industry Is Up and Blooming With Innovative Companies Entering the Space. Oyo rose to become the most important city state, surpassing Ife during the 1300s. History has it that the Oyo empire is the traditional empire of Yoruba land, although not the seat of Oduduwa, the founder of the Yoruba tribe. [14][15] OYO currently has over 17,000 employees globally,[16][17][18] of which approximately 8000 are in India and South Asia. The history of the Yorubas is not yet well established. The empire harbours two great forest reserves in Oke Ogun and Oyo-Ile areas, which were upgraded to form the national park. 2011- Ritesh Agarwal, an 18-year-old college dropout, seemed to harbour dreams of entrepreneurship which compelled him to take the plunge with his first start-up Oravel. And Agarwal, still young and who has a long way ahead plans to make it the world’s largest oldest chain by 2023! Sango: History of the third Alaafin of Oyo (Olukoso Ayaran Ina) By Ayeni Tolulope. As of June 27, 2019. OYO in March 2019, announced a 1400 cr investment in its India and South Asia businesses over 2019 as a part of its efforts to increase infrastructure, strengthen technology and internal capability. It is a user-friendly app that helps customers to book rooms directly. Go ahead, explore. Oyo, a pre-colonial kingdom in present-day Nigeria, was founded in the 1300s.Established by Oranmiyan of the Yoruba people of West Africa, Oyo quickly grew to become one of the most powerful states in the Yoruba-speaking region. [12][13], OYO partners with hotels to give similar guest experience across cities. In 2012, Ritesh Agarwal launched Oravel Stays to enable listing and booking of budget accommodations. These include: In April 2019, the company announced the launch of OPEN programme, an initiative for its partner hotels to help them reach their business goals. Same as Oyo Rooms booking history, there is no direct option to delete the Oyo Rooms account, but still, you can delete your Oyo Rooms account by sending an email to [email protected] and [email protected] from your registered email address requesting Oyo Rooms to delete your Oyo … He was the son of Oduduwa. Oyo was reduced in size when Osun state was created out of its eastern portion in 1991. Oyo Empire(1600-1836) was a Yoruba empire, located in present day Nigeria and Benin. Group companies. In 2018, the company acquired Weddingz.in, a Mumbai-based online marketplace for wedding venues and vendors marking its entry into the fragmented $40 billion wedding industry.[34]. OYO Hotel and Casino Las Vegas, formerly Hooters Casino Hotel, is located at the south end of the Las Vegas Strip. [29], In 2019, OYO registered a revenue of USD 951 million, a 4.5 times increase on a year on year basis, as compared to USD 211 million. Enough has been said and done. Organization chart. Oyo, by now had expanded to Kolkata, Mumbai, Goa, Bangalore and was spreading at a massive pace. [36] [63], Oyo has been involved in numerous rape scandals. Everything is within walking distance from our front doors. The Oyo Empire was a Yoruba empire, and the Largest empire ever existed in West Africa, occupying most of what’s is today Southern Nigeria, expanding its territory to the nearby Republic of Benin. The intention of this timeline is not to applaud Oyo for its success. A teenage boy who is not only a millionaire but also the founder and CEO of OYO rooms, the fastest growing branded network of hotels both online and offline. In fact, the yo-yo is considered the second oldest toy in history, the oldest being the doll. The Oyo Empire, with its capital at Old Oyo near the Niger River, prospered on regional trade and became a central facilitator in moving slaves from Africa’s interior to … Unlike other Yoruba states, which were located in the forest area, Oyo was situated in woodland savannah. Online platforms for budget hotels in India have been in the news. The people created a government that established its power over a vast empire. history of oyo The ancient Oyo Empire, established by the Yoruba people, controlled a wide area between the Volta and Niger and rivers by the mid seventeen century. Oyo is bounded by the states of Kwara on the north, Osun on the east, and Ogun on the south and by the Republic of Benin on the west. 2015- In March of this year, Oyo received funding of a whopping amount of $25 million from its investors namely Lightspeed India, Seqoiua and others. Curious case of the missing Oyo. Ritesh Agarwal has been a wayfarer himself and travelled across the country before launching OYO and during such travels he discovered the problem with budget hotels. Oyo, state, western Nigeria. In December 2012, OYO Rooms received seed funding. As of July 1, 2019. History of Oyo State Oyo state was one of the three states carved out of the old western state of Nigeria on the 3 rd of February 1976 during states creation exercise which originally included Osun state but was later divided in 1991. More centralized and expansive than ever part of the third Alaafin of Oyo Overview... Dynastic tradition of the most important city history of oyo, western Nigeria century, toy! Was spreading at a massive pace, but it was the most important city state, surpassing Ife the. The success story of this timeline is not yet well established 64 ], in 2018, 20... Copyright © 2020 Entrepreneur Media, Inc. all rights reserved empire flourished the... 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