The Indian hospitality group continues to lose keys around the world, recording a 12.10% year-on-year decline. Although OYO still holds its 10th place in the ranking, this dynamic could ultimately push it out of the top 10 in favour of fast-growing groups.
Evolution of the hotel supply: -12.10% Number of hotels in 2023: 16,128 Number of rooms in 2023: 379,151 OYO continues to record a loss of growth with a decline in its global hotel supply of around -12.10% (MKG estimate for the hotel operator base only, excluding Oyo vacation homes), i.e...
India
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