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Stealth • 2d
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?
OYO’s probably thinking long-term here. With G6’s $1.7B revenue, it looks like a solid bet, but with their reputation in India, they better hope the Americans have a higher tolerance for chaos.
Fr. it's an awesome move!
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