future is doomed for oyo.. their management is zero. and its not that its happening for short term but since many years. their hotel pictures are totally not matching with actual quality. even oyo townhouse their flagship hotel category ..are such cheap hotels i could never imagine. broken bed. broken utilities insects and what not. even unconstitutional rules like you cant bring your own food to hotel room from outside or swiggy or zomato and if u bring then ₹500 fine. what nonsense. if somebody is pure vegetarian and doesnt want to eat food from their kitchen then ? and also unmaintained and rude staff.
2 years ago | 0
STARTUP DECODING
Valuation of IPO-bound OYO fell to around $6.5 billion in the private market after its investor SoftBank cut the hospitality and travel-tech firm's valuation in its private books, PTI reported. Nearly 12.3 lakh shares of OYO were sold in the private market between September 26-30, against 1.6 lakh sold between September 19-23. Softbank had cut OYO's valuation by 20%.
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2 years ago | [YT] | 160