OYO launches operation in Vietnam with over 90 hotels, to invest $50 million
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Expanding its footprints in South East Asia, OYO launches its operation in Vietnam with over 90 hotels across six cities. OYO said that the company will invest $50 million over the next few years in Vietnam and create 1,500 direct and indirect jobs in the country. They also plan to expand its footprint to 10 cities in Vietnam by 2020-end. OYO Hotels & Homes currently comprise more than 23,000 hotels and 46,000 vacation homes.