Why are many small hotels called oyo?

The small hotel is called oyo because oyo is a family.

OYO Hotel is an Indian economy hotel chain brand, which was established on 20 13.

On August 4th, 2020, "Suzhou High-tech Zone 2020 Hurun Global Unicorn List" was released, and OYO Hotel ranked 3 1.

Features:

In June, 2065438+2009, OYO, which focuses on economy hotels, released a strategic upgrade plan, announcing that by the end of May, OYO had more than 10000 hotels and 500,000 rooms in China, making it one of the largest single-brand hotels in China. ?

In the early days, OYO did not directly participate in the operation of cooperative hotels, but only required hotels to use a unified brand logo and hardware standards, such as free Wi-Fi, air conditioning, brand bathroom and so on. Now, OYO focuses on providing services such as personnel management, technology and back-end maintenance for hotels.