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OYO Says it’s World’s Third-Largest Hotel Chain
July 12, 2019
This Wednesday, hospitality company OYO said that it’s become the world’s third-largest hotel chain in terms of hotel count that stands at 8,50,000 today. It said that it’s expanded its presence over 800 cities with over 8,50,000 rooms and 23,000 OYO-branded hotels in the past 6 years alone. The balance sheet of the company is also strong and shows a value of 1.5 billion USD.
OYO Hotels & Homes founder and CEO (Group) Ritesh Agarwal said that the company has provided jobs to over 300,000 young people across India, China, the US, and the UK.
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