(Image source from: Rediff.com)
OYO is the Third-Largest Hotel Chain in the World:- OYO Hotels and Homes is now the third-largest hotel chain in the world as per the room count as per June 2019. OYO expanded its wings in just six years across 800 plus cities. OYO now has 23000 plus hotels and 85000 plus rooms across the globe. OYO said that through a press statement. It said that the company focuses on maintaining good growth momentum across the geographics. OYO clarified that 3,00,000 direct and indirect jobs have been created across India, USA, UK and China.
It was with the plan of having quality living space when you are away from home. Over 5,00,000 people enjoy the facilities of OYO rooms on a regular basis said Ritesh Agarwal, Founder & CEO (Group), OYO Hotels & Homes. Ritesh Agarwal said that they are fast expanding and OYO has committed to diverting 40% of the funds towards China. In India too, OYO received thumping response and is expanding fast across towns now.