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Oyo is booming, and yet some hotels are complaining about its pricing

Oyo charges hotels a roughly 20 per cent franchise fee on room revenues when hotels join its network

Topics
Oyo | OYO Ritesh Agarwal

Sachin Ravikumar & Chandini Monnappa | Reuters  |  Bengaluru 



The backlash against Oyo comes at a crucial time for an emerging-market unicorn valued at $10 billion and its major investors	Photo: Reuters
The backlash against Oyo comes at a crucial time for an emerging-market unicorn valued at $10 billion and its major investors Photo: Reuters

India’s Hotels and Homes shot out of nowhere to become one of the world’s largest hotel chains with a simple promise of “hassle-free” online booking, transparent pricing and cheerful lodging.

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First Published: Mon, October 07 2019. 14:16 IST

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