SoftBank-backed OYO says has become second largest hotel chain in China

SoftBank-backed OYO says has become second largest hotel chain in China

Ritesh Agarwal. Photographer: Samyukta Lakshmi/Bloomberg

Indian hospitality company Oyo Hotels & Homes (OYO) on Wednesday announced that it has become the second-largest hotel group in China within 18 months of its foray into the country.