Oravel Stays Limited, parent of OYO, has rebranded to PRISM, reflecting its growth beyond budget hotels into premium stays, rentals, co-working, and events. While OYO remains the consumer brand for affordable options, PRISM will serve as the umbrella identity across 35+ countries. The shift highlights a premiumisation strategy, with luxury brands like Townhouse and Palette, vacation homes, and co-working spaces, all powered by technology and AI to enhance global hospitality.