Parallels have been drawn between rapidly expanding hotel company Oyo and its parent The We Company , evidenced by Oyo ’s rapidly - acquired $ 10bn valuation and similar investment from We ’s Vision Fund . Growth into 80 countries , with 35,000 hotels and more than 100,000 private homes under direct ownership or managed by joint ventures , has put Oyo in second place after Marriott in terms of rooms under management . Vision Fund ’s investment has also attracted similar scrutiny to The We Company , the valuation of which rose to $ 47bn after the Vision funding , before falling to a quarter of that just before the abandoned IPO .
Parallels have been drawn between rapidly expanding hotel company Oyo and WeWork parent The We Company, helped by Oyo’s rapidly-acquired $10bn valuation and similar investment from SoftBank’s Vision Fund. Growth into 80 countries, with 35,000 hotels and more than 100,000 holiday homes under direct ownership or run by joint ventures, has put Oyo in second place after Marriott in terms of rooms under management. Vision Fund’s investment has also attracted similar scrutiny to The We Company, the valuation of which rose to $47bn after the Vision funding, before crashing to a quarter of that just before the abandoned IPO.