OYO Sees 16% Jump in US Summer Booking Revenue, Expands Presence with Motel 6 Acquisition
OYO reports 16% increase in US summer booking revenue, outperforming market. Acquisition of Motel 6 expands OYO's presence, offering value-driven accommodations.
OYO's impressive performance and expansion into the US market signifies a shift in consumer preference for value-driven accommodations. The acquisition of Motel 6 and Studio 6 brands will further strengthen OYO's presence and drive continued financial growth, impacting the hospitality industry and providing customers with more affordable, trusted accommodation options.
