
Indian Hotel Operator OYO Faces Hurdles in China
In June 2019, OYO China, the subsidiary of the rapidly growing Indian operator of leased and franchised hotels, announced the launch of its 2.0 strategy.
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In June 2019, OYO China, the subsidiary of the rapidly growing Indian operator of leased and franchised hotels, announced the launch of its 2.0 strategy.
OYO China, a leading hotel chain brand, will layoff a substantial amount of their staff, amidst a company reorganization.
The Indian hotel chain OYO is in the process of laying off over 5,000 employees worldwide. China will take the hardest hit due to the impact of the COVID-19.