DUBAI: OYO ROOMS & GALLERY SUITES SIGNS PARTNERSHIP TO MANAGE DUBAI HOLIDAY HOMES
A partnership agreement valued at Dh18 billion (US$5 billion) has been signed by India-based Oyo Rooms and UAE-based IBC Group’s Gallery Suites Vacation Rentals. According to the partnership, the groups will now manage 10,000 premier holiday homes in Dubai. Oyo was recently backed by AirBnB with a buy-in of nearly $200 million, which follows an…