OYO Rooms has grown throughout India, providing the greatest low-cost lodging options in each location. With the acquisition of an American hotel chain, the indian firm has now made significant progress in its mission. OYO's low costs, online booking options, and guaranteed privacy have made it extremely popular among indian youth and middle class consumers. For these reasons, it has emerged as the top option for young couples and traveling students.
 
The business has now begun to purchase out hotel chains throughout the globe in addition to working with them. The US hotel chain owner, Blackstone, announced this week that oyo will be purchasing their stay and low-cost hotels. It is anticipated to be finished by the end of this year and is a huge deal valued at $525 million. Even though the indian startup previously offered a large number of hotels in the US, this purchase is expected to broaden its reach by adding 1400 locations in the US and canada to its portfolio.
 
Indian visitors or residents abroad may find the hotel options on oyo appealing since it speaks to them and reassures them of quality and familiarity.
 
 
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G GOWTHAM

02/10/2024 08:35 AM