The EBITDA of IPO-bound travel tech platform OYO is expected to cross Rs 2,000 crore in 2025-26 with the American budget hotel chain Motel 6 adding substantially to its topline. The travel tech unicorn estimates that Motel 6 will add over Rs 630 crore to its EBITDA in the coming financial year, which will be the first full year of its integration.
The travel tech major is expected to refile its initial public offering (IPO) papers with markets regulator after refinancing its existing USD 450 million Term Loan B (TLB) at a lower interest rate.
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