Sunday 5 May 2019

OYO TO ACQUIRE LEISURE COMPANY AND EXPAND INTO 24 COUNTRIES




OYO TO ACQUIRE LEISURE COMPANY AND EXPAND INTO 24 COUNTRIES

Oyo Indian company is planning to acquire leisure company from Amsterdam at the amount of 2885 crrore rupees
Leisure is Europe's vacation rental company
Leisure is one of the top hospitality firm in Europe
Holiday homes, holiday parks, and holiday apartments are the  services given by the leisure group

Oyo said by  acquiring leisure company oyo can become a global hospitality brand plus leader in global real estate brand or industry

Leisure company in 13 countries 30000 rooms they own

Leisure company serves  118 countries and has 28 lacs customers who booked their holiday packages through this company

Ritesh Agarwal has started oyo company with booking cheap and good quality e hotels
OYO, today is in China Malaysia Indonesia UK etc are in 8 countries has control 500000 rooms

OYO is also one of the top 5 hospitality company in China
In 280 cities it has got 5,000 hotel partners 

After this acquisition cancer 24 countries and oyo can expand 224 countries and serve them and earn more and more profit and revenue



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