SoftBank-backed OYO to invest $50m in expanding Vietnam footprint

SoftBank-backed OYO to invest $50m in expanding Vietnam footprint

An employee makes a bed in a room at an an Oyo Townhouse in Bengaluru on Sept. 11. Photographer: Samyukta Lakshmi/Bloomberg

SoftBank-backed OYO Hotels & Homes, the world’s sixth largest chain of leased and franchised hotels, homes and living spaces, plans to invest $50 million in Vietnam as part of an ongoing Southeast Asia expansion spree.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter