Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag OYO Assets to buy 12 Indian hotels in next six months, expanding its portfolio amid rising travel demand.

flag OYO Assets, part of PRISM, plans to acquire 12 premium and mid-premium hotels in India over the next six months, with seven deals in advanced stages. flag Funding will come from debt and equity, backed by PRISM’s strong balance sheet and investors including InCred, Analah, PRISM Life, and SoftBank. flag The company aims to expand its portfolio of over 1,300 company-operated hotels by targeting strategically located properties with strong returns, driven by rising travel demand. flag Acquired hotels will be managed under brands like Sunday Hotels, Palette Hotels, and Townhouse.

3 Articles