NEWS

PRESENTED BY:
Divya Panta
IT & Telecom
21109
 NEWS
• Sony, Yamaha partner to develop self driving cart
for theme parks.
Sony and Yamaha have partnered to build the SC-1
Sociable Cart, a self driving cart for theme parks, golf
courses. It can seat up to 5 people. will launch the
services in Japan in 2019.
 Cont....
• Uber launches 24*7 helpline for riders.
Uber announced 24*7 helpline for its riders in India.
it provides an option for the riders to get in touch with
Uber for issues such as reporting misbehaviour by a
co-passenger or a dispute with a driver or a break
down while a trip.
The service is in pilot in Chandigarh since March
2019will be now rolled out across 40 Indian cities.
 Cont....
• EESL to invest 180 crore in super –efficient AC’s
Energy efficiency Services Ltd. A joint venture between 4
public sector(NTPC Limited, Rural Electrification Corporation
Limited, Power finance Corporation Limited, Power Grid
Corporation of India Limited) enterprises under the Union
Ministry of Power plans to sell 50,000 AC’s under its super
efficient Ac programme.

It is expected to save 27 million kWh of electricity per year.

OYO EXPANSION IN U.S.

SUBMITTED BY:
Divya Panta
IT & Telecom
21109
 OYO?
• OYO Rooms is
a website for booking
budget lodging.
• It is owned by Oravel Stays
Private Limited and is
based in Gurgaon.
• It is the largest such
website in India.
 Cont….
• It is founded by Ritesh Agarwal
in 2013.
• The company also operates OYO
Home, an Airbnb-like
marketplace for short-term
managed rentals.
• It has 4,50,000 listings in 500
citiesin India, China, Malaysia, N
epal, Sri Lanka, United Kingdom.
 OYO MODEL
• The OYO model is based on transforming
unbranded hotels through property
renovations, a proprietary technology
stack that manages revenue, pricing,
inventory, food and beverage and front
desk operations and a guarantee of
services such as air conditioning, free Wi-
Fi and clean bathrooms and linens.
 OYO IN US
• In August 2019, OYO announced to
purchase American Hooters Casino Hotel
along with US-based real estate company
Highgate for worth $135 millions as its first
purchase in United States.
• OYO Hotels & Homes has committed to
invest $300 million (about Rs 2,087 crore)
over the next few years in the United
States.
Cont….
• Workforce has grown to 30
with experienced
employees from hospitality
industry(former employees
of Airbnb and Eatstreet.
• Plans to expand in various
cities like New york,
Dallas,Texas etc.