BENGALURU - SoftBank Group Corp-backed Indian hospitality startup Oyo will rebrand Hooters Casino Hotel in Las Vegas in a deal that a source with knowledge of the matter said was worth $135 million.
Oyo and Highgate will spend $20 million in total to renovate the hotel, which will remain open during the transformation, the source said. As it looks to expand and targets the world’s middle class, Oyo plans to hire up to 4,000 mid-and-senior level employees for domestic operations in the next six months, Agarwal said. Tens of thousands of junior employees, including front office staff, are likely to be hired for the hotels it franchises or leases out, he said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
India’s Oyo Rolls Dice With Purchase of Las Vegas Hooters HotelOyo Hotels & Homes and its partner Highgate pay $135 million for the Hooters Casino Hotel in Las Vegas as part of a global expansion. And this is allowed why?
Source: WSJ - 🏆 98. / 63 Read more »
India’s Oyo Rolls Dice With Purchase of Las Vegas Hooters HotelOyo Hotels & Homes and its partner Highgate pay $135 million for the Hooters Casino Hotel in Las Vegas as part of a global expansion. And this is allowed why?
Source: WSJ - 🏆 98. / 63 Read more »
Feeling bipartisan heat, Trump backs off foreign aid cuts\r\nThe Trump administration backed down on plans to make sharp cuts in the State Department budget for foreign aid and development. It's almost like Kushner is a dumbshit. NEW VIDEO “During these chaotic times, with America's fate uncertain, independent liberal voices have never been more vital. And no independent liberal youtube journalist gets you closer to the stories you care about most than Be Less Stupid” If it’s bipartisan heat it means Trump is right.
Source: latimes - 🏆 11. / 82 Read more »
12 things 5-star hotels don't want you to knowHere are their most interesting behind-the-scenes secrets about 5-star hotels
Source: BusinessInsider - 🏆 729. / 51 Read more »
Aaliyah Immortalized With New Wax Figure at Madame TussaudsAaliyah immortalized with new wax figure at Madame Tussauds in Las Vegas. Wow!!! Wish the put this much dedication into that Ariana one I don’t find they look super similar :( Doesn’t look like her?
Source: TMZ - 🏆 379. / 59 Read more »
U.S. budget gap set to top $1 trillion in 2020, two years sooner than expectedThe U.S. budget deficit will expand faster than thought after recent legislation that raised spending levels, according to the Congressional Budget Office. Remember when the Great Recession invoked trillion dollar deficits and the GOP blamed Obama, but now when it’s happening to Trump, mind you without a recession, republicans stay silent and continue giving tax cuts to corporations. Clearly realDonaldTrump can’t run a business, including a casino where people literally give you their money, so let’s put him in charge of running the country and it’s economy. GREAT IDEA! Wait...the House...hasn't curtailed spending?
Source: latimes - 🏆 11. / 82 Read more »