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OYO suffers a loss of nearly 60% of its revenue due to coronavirus pandemic

Shortpedia

Content Team
Image Credit: shortpedia

Undoubtedly the coronavirus has not only affected the health and lives of the people but also has impacted business and the latest one to suffer is OYO, which is losing up to 60 percent of its revenue due to the virus crisis. As the travel and hospitality industry goes through a near-standstill scenario amid the crisis, OYO last week announced 60-90 days of temporary leaves for its employees in the US.