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I was in Houston recently and was surprised to seen an Oyo-branded hotel, as I hadn't realized they'd expanded beyond being an aggregator. What do you know? 1

I was in Houston recently and was surprised to seen an Oyo-branded hotel, as I hadn't realized they'd expanded beyond being an aggregator. What do you know? 100% of Yelp reviews are 1-star: https://www.yelp.com/biz/oyo-hotel-houston-galleria-west-houston-3 https://www.yelp.com/biz/oyo-hotel-houston-galleria-west-hou... To be honest that actually makes them worse than WeWork at some level. WeWork may have an awful business model but at least its brand is (generally) known for consistent quality. [1] [1] https://twitter.com/jasonlk/status/1161659165619523584 https://twitter.com/jasonlk/status/1161659165619523584

puranjay 7y ago
The WeWork I work out of in Gurgaon, India, has the best coworking space I've ever used. They charge a big premium over other spaces but I'm happy to pay it. WeWork, I feel is a very viable business. Its obituaries are too premature. It doesn't warrant its $47B valuation, but it can easily displace Regus. Easily a $10B business, if not a $50B one. Which is incredible in itself
- irq11 7y ago
  Except that they’re losing a billion dollars a year at that level of quality. Cut the perks to make it a viable business, and you’ll probably end up with...Regus. Markets are pretty efficient that way.