"The company has allocated approximately USD 100 million out of the USD 600 million earlier committed to being invested in China, towards quality & system improvements and customer service in the next two years," said Oyo China COO Sam Shih.
Besides, Oyo also claimed that it has now become the largest single hotel brand in China.
"As we move into the next phase of growth at Oyo, our focus will continue to be on hiring and retaining top talent while at the same time optimising operational efficiency across all departments," Shih added.
Oyo China has also announced appointment of Zhu Lei as its Chief Revenue Officer, who would be responsible for driving occupancy across Oyo hotels in the country.
Besides, he would also oversee offline sales and online travel agent (OTA) channel portfolios.
According to the company, with second-tier cities at its core, Oyo Hotels' chain extends deep into China's tier-2 to tier-6 cities and has created both direct and indirect employment opportunities across the country.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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