China considers airlines bailout; OYO fights to keep hotels open – Daily Brief

Home Hotel & Lodging China considers airlines bailout; OYO fights to keep hotels open – Daily Brief
China considers airlines bailout; OYO fights to keep hotels open – Daily Brief

OYO CEO Ritesh Agarwal told CNBC that his company is trying to keep as many of its hotels in China open as possible. Like its peers, the Indian budget hotel chain has seen a drop in occupancy. China is one of its biggest markets and OYO works with about 9,000 hotels there