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OYO announces up to 50% Durga Puja discount in West Bengal….

OYO announces up to 50% Durga Puja discount in West Bengal

•   This Durga Puja, OYO announces up to 50% discounts on stays to provide easy and affordable accommodation for travellers visiting West Bengal
•   Discount scheme is applicable to all OYO properties including Capital O, Collection O, Spot On, OYO Townhouse and SilverKey, among others across the state from September 23-October 9, 2022
•   Inbound tourism increases significantly during Durga Puja in West Bengal. After 2 subdued years of festivities, this year is expected to draw in large crowds and tourists into the state

News Stardom ; Kolkata,22 September, 2022: Global hospitality technology platform, OYO has kicked off the festive season with a special discount scheme for travelers planning to visit West Bengal to celebrate Durga Puja. Under this scheme, guests can avail up to 50% discount across all OYO properties in West Bengal including Capital O, Collection O, Spot On, OYO Townhouse and Silverkey, among others.

The offer will be valid from September 23, 2022 to October 9, 2022 in Kolkata, Asansol, Siliguri, Durgapur and many other towns in West Bengal. It is tailormade to ensure that guests planning to visit West Bengal during Durga Puja are able to book clean, safe and convenient stays that add more excitement to their festive spirits.

Guests can avail this discount by downloading the OYO App, clicking on the red ‘Nearby’ icon to discover a valid participating hotel in the city of their choice, select the coupon code ‘PUJOSPECIAL’ and hit the Book Now and Pay at Hotel button.

Speaking about the offer, Shreerang Godbole, Senior Vice President – Product & Chief Service Officer, OYO said “The grandeur of Durga Puja in West Bengal has been attracting tourists from all over the world for many years. This year, it is going to be even more special with UNESCO recently according Intangible Cultural Heritage tag to Durga Puja which has generated a lot of curiosity around the festival. We are expecting a significant increase in the number of tourists coming to the state after relatively subdued festivities in the last two years. We want to ensure that they have a pleasant and a comfortable stay while enjoying the Puja festivities”.

A British Council report on the economy of Durga Puja in the state says that West Bengal sees significant uptick in the number of tourists visiting the state during 10-day long festivities. Kolkata saw 120 per cent spike in bus passengers around Durga Puja, 11 per cent spike in air traffic before the pandemic in 2019. The report further states that an estimated 36,000 community Pujas were held across the state in 2019. Various clubs registered with the government hosted 2,500 Pujas across the state the same year.

Customers choose OYO’s platform for many reasons, including accessibility to OYO’s hotels at competitive prices, quality accommodation, ease of use of its app, personalization, and flexibility of the OYO platform. Customers can also resolve their queries quickly with OYO’s 24*7 chatbot – Yo! Chat.
About OYO
OYO is a global platform that aims to empower entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aim to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 157,000 hotel and home storefronts in more than 35 countries including India, Europe and Southeast Asia, as of March 31, 2021. For more information, visit HYPERLINK “http://www.oyorooms.com/”www.oyorooms.com HYPERLINK “http://www.oyorooms.com/”.

Disclaimer: Oravel Stays Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares (the “Equity Shares”) and has filed the Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”).
The DRHP is available on the website of SEBI at HYPERLINK “http://www.sebi.gov.in/”www.sebi.gov.in HYPERLINK “http://www.sebi.gov.in/”, websites of the Stock Exchanges, i.e., BSE Limited and National Stock Exchange of India Limited at HYPERLINK “http://www.bseindia.com/”www.bseindia.com and HYPERLINK “http://www.nseindia.com/”www.nseindia.com HYPERLINK “http://www.nseindia.com/”, respectively, and is available on the websites of the Global Coordinators and Book Running Lead Managers, i.e., Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited and Citigroup Global Markets India Private Limited at HYPERLINK “http://www.investmentbank.kotak.com/”www.investmentbank.kotak.com HYPERLINK “http://www.investmentbank.kotak.com/”, HYPERLINK “http://www.jpmipl.com/” HYPERLINK “http://www.jpmipl.com/”www.jpmipl.com and HYPERLINK “http://www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm”www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm HYPERLINK “http://www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm”; the websites of the Book Running Lead Managers, i.e., ICICI Securities Limited, Nomura Financial Advisory and Securities (India) Private Limited, JM Financial Limited and Deutsche Equities India Private Limited at HYPERLINK “http://www.icicisecurities.com/”www.icicisecurities.com HYPERLINK “http://www.icicisecurities.com/”, HYPERLINK “http://www.nomuraholdings.com/company/group/asia/india/index.html” HYPERLINK “http://www.nomuraholdings.com/company/group/asia/india/index.html”www.nomuraholdings.com/company/group/asia/india/index.html HYPERLINK “http://www.nomuraholdings.com/company/group/asia/india/index.html”, HYPERLINK “http://www.jm/” HYPERLINK “http://www.jm/”www.jm HYPERLINK “http://www.jm/”fl.com and HYPERLINK “http://www.db.com/India”www.db.com/India HYPERLINK “http://www.db.com/India”, respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, refer to the Red Herring Prospectus which may be filed with the Registrar of Companies in the future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision. The Equity Shares offered in the Fresh Issue (as defined in the DRHP) and the Offer for Sale (as defined in the DRHP) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Accordingly, the Equity Shares are only being offered and sold (i) within the United States only to “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) in transactions exempt from, or not subject to, the registration requirements under the Securities Act, and (ii) outside the United States in offshore transactions in reliance on Regulation S under the Securities Act and pursuant to the applicable laws of the jurisdictions where those offers and sales are made. There will be no public offering of the Equity Shares in the United States.

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