Sample Of OYO Rooms In LPU Hostels - Lovely professional University Jalandhar Punjab
OYO steps into student accommodation, in talks with Lovely Professional University: OYO Hotels and Homes is moving beyond hotels and is in talks with Lovely Professional University (LPU) to acquire its student accommodation, reported ET. The deal of the startup with one of the largest private universities is said to be of around $200 million. Blackstone was involved in evaluating the deal. The details of the partnership is being finalized, as per sources to the daily, and maybe structured as a long-term lease. The Mittal family-promoted LPU is looking to generate liquidity for future expansion plans. Other bidders in the deal included HDFC, Good Host Spaces and Blackstone. OYO pre-empted the other bidders as per the report.
Sample Photos Of Hostels in LPU decorated by OYO
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