Oyo Becomes The Second Largest Hotel Group In China | CashKaro News Network

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Oyo Becomes The Second Largest Hotel Group In China

Oyo Rooms has become the second largest hotel group in China. It has achieved this milestone within 18 months of its operations with a presence in 320 cities and 10,000 Oyo branded hotels with 4,50,000 rooms. Sam Shih, COO of Oyo China said “OYO Jiudian (Hotels) operates like a Chinese company and delivers better living for middle-income people across the country.” He also confirmed that over 200,000 people use Oyo China due to the great experience at a low cost. Over 97% of the franchise partners have come back and renewed their contracts. Oyo Rooms is also exploring ways to collaborate with online travel agents and traffic building platforms such as Fliggy, Ctrip, and others.

Oyo Rooms has also enabled jobs for over 1,00,000 young people in China due to the increase in occupancy. This has led to the creation of more economic opportunities in China.

Source: Your Story

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