Travel

Oyo’s Global Downsizing Hits U.S. as One-Third of Staff Is Fired in Biz Model Shift

Skift

An Oyo hotel in the U.S. Skift

Skift Take: If the cliché “no pain, no gain” applies to disruptor Oyo, then the chain is clearly in the pain part of that equation. The brand has definitely taken a huge reputational hit that will play out for months. There are certainly positives in Oyo’s renewed value proposition to many properties if the chain doesn’t trip over itself.

— Dennis Schaal

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