Ritesh Agarwal, founder and chief executive officer of Oravel Stays Pvt, owner and operator of Oyo Rooms, poses for a photograph in New Delhi, India (Photographer: Prashanth Vishwanathan/Bloomberg)  

OYO’s Global Expansion Risks Sacrificing a Vital Focus

(Bloomberg Opinion) -- Cobble together a disparate collection of independently owned budget hotels. Implement quality standards in exchange for the right to carry a big-brand logo. Then offer them ...