Leisure Group news and trends

OYO Acquires Leisure Group For Europe Expansion

May 01, 2019
OYO Acquires Leisure Group For Europe Expansion
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OYO Acquires Leisure Group For Europe Expansion

May 01, 2019
Indian budget hotel startup OYO, which is backed by companies like Airbnb, SoftBank and Didi, has acquired @Leisure Group from Axel Springer for around $415 million (€369.5 million), according to reports. Axel Springer had a 51 percent share in @Leisure, and said it would receive €180 million in the deal, as well as a repayment […]