5 Reasons why OYO could be the 2nd largest hotel chain in China

Budget hospitality chain OYO (On Your Own) has claimed that it has become the second-largest hotel chain in China within 18 months of its foray into the country.


While the young entrepreneur Founder &CEO Ritesh Aggarwal has big plans and ambitions for the company after raising 1 billion dollars in funding from Softbank. 

 

ObserveNow brings to you 5 reasons why that claim might actually be true. 

 

·    OYO Jiudian (hotels), in China is now present in 320 cities, and has about 10,000 hotels and 450,000 rooms.

·    It has left behind its peers in the country, such as Home Inn and Hanting, among others. 

·    With second-tier cities at its core, Oyo Hotels' chain extends deep into China's tier-2 to tier-6 cities.

·    Every day, over 200,000 heads are on OYO Jiudian pillows in China due to the great experience at low cost Oyo China COO Sam Shih has said.

·    Oyo Hotels is also exploring ways to collaborate with online travel agents such as Fliggy, Ctrip and others, along with other consumer traffic-building platforms.

 

 

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