Oyo in a deep crisis but goes public
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Kicked out of the ranking
Chicago. The ranking of the world's largest hotel chains by number of rooms shows virtually no change for the top ten, according to the American Hotels Magazine's latest edition. However, the editors have chosen to exclude the hitherto fast-expanding Indian upstart, Oyo, from the ranking.
The biggest hotel chains still driven by Asians
New York. The ranking of the world's biggest hotel chains remained largely unchanged at year end 2019, compared to 2018, as Asian-based groups continue to drive growth. Indian Oyo moved up to 3rd place but its continued growth could be threatened.