July 1，In response to the recent media reports on large-scale layoffs at OYO Hotels、Data fraud、Reports such as local teams becoming puppets and book funds running out，OYO Hotel issued a statement to the media today，Saying that the content of relevant reports is inconsistent with the facts，Or a one-sided view。

OYO Hotel stated in the statement，“Recently, some media have continued to publish multiple reports on OYO Hotels...which have had a serious negative impact on the company，Arouse the outside world’s attention to us。”In response to related reports，OYO hotels responded one by one。

In response to OYO’s Chinese company undergoing a round of large-scale layoffs，Reports that nearly half of the first-line team may be laid off，OYO Hotel said in the statement，The statement of large-scale "layoffs" is untrue。

OYO Hotel Representation，The company optimizes personnel based on performance results and organizational structure，It is a normal and orderly metabolism，“Media reports misinterpret monthly performance management as mass ‘layoffs’，To generalize from a partial perspective，Seriously inconsistent with the facts。”

Also targeting OYO hotels’ hotel signing rate、There is a serious problem of fraud in commission collection，OYO Hotel said in a statement that it will never allow "data falsification"，And express，“In the process of rapid growth，It is inevitable that individual employees may have irregular operations and integrity issues，This has happened in many rapidly expanding companies。”

Another media report raised concerns about the issue of OYO hotel’s local team becoming 188bet app download a puppet，OYO Hotel did not respond specifically in today’s statement，His emphasis in the statement，India and China (OYO Hotels) are two local markets，The local leadership team consists of Ritesh and several local CXOs and co-founder Anuj to form the decision-making committee (EC) of OYO Hotels。

Not long ago，OYO Hotel and Meituan、Ctrip reaches settlement，It is rumored in the industry that OYO Hotel paid sky-high channel fees to two OTAs，And additional transaction commission is required，In today’s response，OYO Hotel Representation，“In order to respect business principles and agreements，We will not disclose any cooperation details，We will not provide any response or explanation to any unrealistic speculations and data。”

As for OYO founder Li Taixi, he is trying to pledge his equity，Seeking US$800 million in support from SoftBank for expansion in the Chinese market，“If you can’t find an employer for blood transfusion，OYO’s capital chain may only last 2 to 3 months” related news，OYO Hotel was not mentioned in the statement，It only emphasizes the message that "there are sufficient funds in the account at present"，And said that the goal next year is not to make money。

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Recently, some media have continued to publish multiple reports on OYO Hotels，The contents of relevant reports are inconsistent with the facts，Or a one-sided view，Having a serious negative impact on the company，Arouse the outside world’s attention to us，Specially clarify the facts on the relevant situation，As follows:

一、Large-scale “layoffs” are seriously untrue，OYO Hotel expands recruitment

The statement of large-scale "layoffs" is untrue。Last week，OYO Hotels just announced that it will invest US$100 million in talent、Customer experience and infrastructure transformation。We have created more than 200,000 jobs for China’s hotel industry，And will continue to create more jobs in the coming years。

As a start-up，OYO Hotel has achieved great results in a short period of time。We have fast and furious，Also requires the ability to innovate and quickly iterate，There are strict 188bet sports betting app download performance appraisal cycles and standards for teams of different business types。

With OYO Hotel 2.0Strategic upgrade and establishment of emerging growth market division，The company is deeply engaged in refined operations，Requires iterative optimization of organizational structure，The functions and roles of frontline personnel have also changed accordingly，Also involves the upgrading of organizational structure and team integration，Including front-end talent upgrade、The division of labor between the middle office and the back office is clear、Necessary integration and other work。We are expanding our efforts to recruit talents，The number of people recruited in this round will reach thousands，Focus on business development、Hotel Operation Management、Front-line positions such as space renovation。

二、There is no “data fraud” in OYO Hotel，Attach great importance to compliance system

OYO Hotels is a technology and data-driven company，"Fake data" will never be allowed。

Such a big platform，In the process of rapid growth，It is inevitable that individual employees may have irregular operations and integrity issues，This has happened in many rapidly expanding companies。But this is used to discredit OYO Hotel’s “data fraud”，It is a malicious act by competitors and individual media。

Our attitude repeatedly reiterated is，Never compromise with dishonest behavior。This sense of responsibility is our responsibility to our customers、To high-quality employees、Ongoing commitment to shareholders。

As a start-up that has only been established for a year and a half，OYO Hotel attaches great importance to the construction of compliance system，Established a professional integrity and compliance department in October 2018，Adopt a zero-tolerance attitude towards employees who violate the company's integrity and compliance system，The involved personnel will be given warnings, dismissals, etc. and will be dealt with accordingly。

3. Independent localization leadership team

For OYO，India and China (OYO Hotels) are two local markets。OYO Hotels has established a strong local leadership team，Ritesh is CEO，A number of local CXOs and co-founder Anuj formed the decision-making committee (EC) of OYO Hotels。Every CXO is a business partner，Clear responsibilities，Division of labor and collaboration，Empower all business goals and operational management，And make collective decisions on major strategic matters at the company level。

EC structure and organizational capabilities established by OYO Hotel，Unique，This is the highest expression of our distributed leadership。This is the highest expression of our distributed leadership，And China’s unique competitive environment，All this is to quickly build OYO Hotels into the world’s largest hotel chain group。

4. Win-win cooperation with OTA

Not long ago，OYO Hotels has established strategic partnerships with Meituan and Ctrip, two important online travel platforms in China，This is an important milestone。The partnership will enable us to maximize value for hotel owners，And increase our profits。

To respect business principles and agreements，We will not disclose any cooperation details，We will not provide any response or explanation to any unrealistic speculations and data。

5. OYO Hotel 2.0 is advancing rapidly

June this year，OYO Hotels launched 2 nationwide.0。In less than a month，More than 100 hotels are online，With quality and price，Our occupancy rate is soaring。so far，The hotel’s average occupancy rate is over 80%。More than half of the hotels have an average rating of at least 4.5 points，Many of them have received reviews for high quality service。2.0 has only been officially launched for four weeks，Owner’s interest is enthusiastic，More than 50 hotels have been signed every day in the past few days。

6. Create value and make profits at the hotel level

OYO Hotel invested 3 billion yuan，Currently there are sufficient funds in the account。So the goal next year is not to make money，But focus on customer experience 188bet online sports betting and value enhancement for owners。We are profitable at the hotel level，There is no such thing as "burning money"。

18 months after entering China，OYO Hotel is developing rapidly，All indicators are far ahead，More than 10,000 hotels nationwide、500,000 rooms。OYO Hotel helps independent hotels in the second, third, fourth and fifth tiers of the sinking market solve their brand problems、Pain points of operations and technology，Help improve quality，At the same time, we continue to improve human efficiency and hotel revenue through unique data and technology，This is the value of the sustainable development of OYO Hotels。

OYO Hotel’s rapid development and model innovation in the past year and a half，The industry has witnessed it，Attracted many hotel peers to follow suit。The independent hotel market is huge，We welcome healthy competition，Change the industry together，Serve consumers well。But malicious competition through bottomless rumors and smearing，Obvious lack of professional ethics，This is definitely not an entrepreneur、The ideals and feelings a company should have。

OYO Hotel is a company with a sense of mission，The first priority is to create a better living space for consumers，No matter they are in first or second tier cities，Still a third, fourth and fifth tier city，Helping consumers "spend less，Better living"，is our value creation，This is also what differentiates us from other hotel chain brands。

Not afraid of clouds covering my eyes，The development of an enterprise cannot be separated from the support of all sectors of society，Thank you for your positive attention，I hope the media will pay attention to the truth，Encourage and support innovation and entrepreneurship，Let us build great dreams together！

OYO Hotel

July 1

*This articleSource: Tencent Technology, Author:Han Yimin, original title: "First line、Fake data are not true》.