Exclusive: SoftBank-backed Oyo to offload more loss-making hotels amid pandemic - sources

NEW DELHI/BENGALURU (Reuters) - India's Oyo Hotels and Homes, backed by SoftBank Group , plans to offload more properties around the world, three sources familiar with the matter said, as the coronavirus pandemic prompts it to speed up a retreat from a rapid global expansion. The hospitality sector has been one of the worst affected by the coronavirus outbreak, with global and domestic travel coming to a near-halt.While Oyo does not plan to completely exit any market, it will either terminate or..