OYO threat: Boycott of bookings by hotels will invite legal action
Hospitality firm OYO Thursday said it would take strict legal action for breach of contract against any hotel on its platform that boycotts bookings under the influence of small vested interest groups.
"OYO has not charged franchise fees over 25 per cent and neither does it intend to, unless it invests in capital expenditure to transform a home or hotel space for better footfalls and occupancy," Mathur said.