Indian hotel company Oyo is joining several U.S. companies in a bid to grow its vacation-home rental business in the U.S., according to the Wall Street Journal. The model involves either managing vacation-home rentals on behalf of owners or renting out apartments, which can then be sub-leased to travelers. Oyo, which specializes in managing budget hotels and has raised $3 billion from SoftBank, currently operates about 50 vacation homes in the U.S., and is now
source https://therealdeal.com/2020/03/10/softbanks-troubled-hotel-company-oyo-targets-us-vacation-rental-market/
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