OYO purchases a Hooters Hotel in Las Vegas, Will be renamed as OYO by the end of 2019.
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OYO purchased Hooters Hotel Casino in Las Vegas following its entry on the US market with one single property in Texas in February this year. The firm has partnered with Highgate, which runs the Hooters Hotel in Las Vegas, to build up its first main hotel in the town. However, OYO did not disclose any amount of the transaction, but according to the press, the agreement amounts to 135 million dollars.