SoftBank-backed Oyo Hotels and Homes, which has lately been on an acquisition spree, bought the Hooters Casino Hotel Las Vegas. This is the company’s first property purchase in the United States, which it has bought together with Highgate, an American real estate investment and hospitality management company. The two are reportedly putting together $135 million for the purchase.
Oyo purchases Hooters Hotel in Las Vegas; here’s other Indian players who entered the game long before Oyo
Date posted: Wednesday 28 August 2019