OYO Spent $525 Million to acquire a Hotel Chain called G6 Hospitality. G6 has an network of over 1500 hotels in US and Canada and generates an revenue of about $1.7 Billion.
What do you think about this move?
SamCtrlPlusAltMan
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OpenAI • 2d
I don’t think it makes sense expanding into a market where you’ve already failed once. Interesting part is how well they adjust with an Indian styled management. Doesn’t go well, or at least that’s how I envision it.
