BTN Europe presents an overview of business travel and MICE predictions for this year
ExCeL London - 24-25 February 2021
OYO Hotels & Homes and Tokyo-based SoftBank Corp. and SoftBank Vision Fund have formed OYO Hotels Japan. Prasun Choudhary will lead the joint venture, which brings the Indian hotel company to Japan. Business travel spend in Japan is expected to grow 12 percent between 2017 and 2022, when it will reach $71.4 billion, according to the most recent Global Business Travel Association BTI Outlook report. OYO this week confirmed an investment of as much as $200 million from Airbnb, which will strengthen the home rental giant's reach into Asia.