Business

Indian Hospitality Chain Oyo To Rent Houses

Each living space will include essential facilities such as Wi-Fi connectivity, television, regular house keeping services, power backup, CCTV surveillance, and others for Rs 7999 a bed per month (Photo: REUTERS/Anushree Fadnavis).

By: Radhakrishna N S

India’s hospitality chain, start-up company, Oyo said on Monday (23) that it will provide fully managed shared residential spaces, Oyo Living. The new initiative by Oyo will primarily target working professionals and students in the country. Oyo Living turned into reality based on the feedback, demand from the customers and asset partners, Oyo Hotels and Homes Chief Executive Officer and Founder Ritesh Agarwal said in a statement. In a significant move, the company decided to leverage its hospitality experience to provide end to end fully managed living space. Each living space will include essential facilities such as Wi-Fi connectivity, television,…

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