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HotelScapes

OYO to muscle up infra, plans an INR 1400 cr. investment in India and Nepal

OYO will invest INR 1,400 crore in its India and Nepal business to boost infra, internal capacity and leverage technology. It also launched its new collection ‘O Hotels’, in the budget-to-mid segment hotel brand chain. Calling India their “key market”, founder and Group CEO Ritesh Agarwal, said that OYO was the largest hotel operator in India by a margin, “with 176,000 leased and franchised keys under management.” “We are committing over ₹1,400 crore for technology …