OYO Secures Commitment with Deutsche Bank to Fund G6 Hospitality Acquisition
OYO secures commitment from Deutsche Bank to finance G6 Hospitality acquisition, reports first-ever profit and positive EBITDA growth, demonstrating stability and growth potential.
This news matters as it highlights OYO's strategic move to secure funding for its acquisition and its financial growth. The company's profitability and positive EBITDA demonstrate its stability and potential for further expansion, impacting its position in the travel and hospitality industry.