India's OYO said to eye IPO in next 2-3 years at up to $18b valuation

India's OYO said to eye IPO in next 2-3 years at up to $18b valuation

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

Oyo Hotels and Homes, India’s most valuable hotel chain, is preparing for an initial share sale in the next two-three years, according to two people aware of the development, one of them directly associated with the firm.