Budget Hotels Head for a Big Moment

Oyo Hotels & Homes

Oyo Life, Japan. Oyo founder Ritesh Agarwal keeps out acquisition chatter, saying his focus is to create better living spaces. Oyo Hotels & Homes

Skift Take: Whether or not Accor will acquire or invest in Oyo, the point is this sector has come a very long way and is heading toward a big moment, born from a college dropout’s entrepreneurial dream in India. The whole travel industry should welcome this.

— Raini Hamdi

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