In its short life, OYO Hotels and Homes has been variously described as a hotel aggregator, an online travel agency (OTA), and even a Ponzi scheme with an unsustainable business model, but never a hotel chain.

Today, OYO is India’s largest hotel chain with 100,000 rooms under management. It is also the world’s third largest, with over half a million rooms over the 18,000 properties that it currently franchises and leases in 500 cities across 10 countries.

Having nailed down processes and operational models in its home market, OYO decided it was time to expand overseas.

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