Travel

Oyo’s Valuation Could Spiral to $6 Billion and 12 Other Top Hospitality Stories This Week

Oyo Hotels & Homes

A guest room at Oyo Hostal Las Murallas in Madrid, Spain. Oyo Hotels & Homes

Skift Take: This week in hospitality news, based on coronavirus impact, particularly from China, Oyo’s valuation could plunge to $6 billion based on Skift Research estimates. Plus, Best Western stands out among its hotel peers as a nonprofit with a unique membership model for its owners. Is that holding it back from growth?

— Faye Chiu

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