"Wuxi 188bet best bookmaker is to be transferred and has 30 rooms."

"Yangzhou Inn free transfer，No transfer fee，Bear your own rent。”

Debt collection and rights protection group of former OYO 188bet best bookmaker owners，It has almost become a 188bet best bookmaker transfer group recently，Many owners said they were affected by OYO cooperation and the new coronavirus epidemic，Currently unable to operate。

At OYO Shanghai Headquarters，We also welcomed batches of OYO 188bet best bookmaker owners who came to collect debts，As well as employees whose salary performance has not yet been settled during recent layoffs。

OYO 188bet best bookmaker, a popular star enterprise in the past two years，Now we are facing the most lonely moment。And the single 188bet best bookmaker track，It has also fallen from players joining the game one after another to the current "chicken feathers in one place"。

Layoffs and wage arrears, owners’ rights protection: 188bet best bookmaker retreats

“On March 3rd we were suddenly informed that the entire department had been disbanded。”Wang Qi is a probationary employee of 188bet best bookmaker Nanjing，She expressed to Sina Technology，The company disbanded without explaining the reasons，Directly ask employees to sign the separation agreement。

But what makes her even more angry is，188bet best bookmaker only compensated her one month’s basic salary，That is 2500 yuan，The commissions from previous months have not been distributed yet。"At present, two waves of colleagues from various places have gone to the Shanghai headquarters to ask for commissions"，She said。

Wang Qi’s experience is not an isolated case。Said by several 188bet best bookmaker EGM (Emerging Growth Markets) department employees on social networks，Also received a letter of dismissal from 188bet best bookmaker on March 3，The entire department has been 100% laid off，Even employees in Hubei area。

An EGM employee said，60% of the performance bonuses for November and December 2019 have not been paid，Financial compensation is only N。There is a provision implicit in the dismissal letter，Want financial compensation，Must waive the right to recover performance bonuses，And it must be signed before March 5th。

actually，This all stems from an internal letter issued by OYO 188bet best bookmaker on March 2。

188bet best bookmaker announced in an internal letter，Strategic adjustments will be made in 2020，Full shift to no-guaranteed mode。On layout，Focus on core cities，Release some inefficient cities。From March 1st，188bet best bookmaker China’s regional division will be adjusted from the original 11 regions to 7，The original 48 Hubs are adjusted to 30。

According to statistics，188bet best bookmaker China still had about 10,000 people in October 2019，And by March there were only more than 2,000 people left，The proportion of layoffs before and after is as high as 70%-80%。

188bet best bookmaker’s retreat from the Chinese market and its push 2.The failure of mode 0 is inseparable。

May 2019，In order to solve 1.A series of problems caused by excessive emphasis on scale and speed in the 0 mode，OYO launched 2.0 mode，Proposed a development path of “scale + refinement”。Official name，In addition to deeper infrastructure transformation，OYO 188bet best bookmaker 2.0 will provide income guarantee for cooperative owners，Deeply bundle OYO’s revenue with 188bet best bookmaker owners’ revenue，Let the two become a community of interests。

No more than 2.0 model also failed in the second half of 2019。Due to 2.0 mode emphasizes strong control over 188bet best bookmaker operations，Low price promotion caused dissatisfaction among 188bet best bookmaker owners；simultaneously 2.0’s minimum guarantee model has also brought a huge financial burden to OYO。

November 2019，188bet best bookmaker sends email to owners，Require hotels that fail to meet the minimum guarantee amount to reduce the minimum guarantee level。This triggered an intensification of conflicts between the two parties。

Early this year，Sina Technology reported on 188bet best bookmaker owners going to OYO Shanghai headquarters to defend their rights。It is reported，Currently, most owners still have not received their dues。As OYO starts mass layoffs，A large number of employees who signed contracts with the owners resigned，The debt collection journey for owners has become more difficult。

What’s even more dramatic is，Due to layoff compensation and performance bonus issues，A large number of OYO employees from various places have also embarked on the road to asking for wages。Laid off OYO employees and 188bet best bookmaker owners are on the same side this time。

Also，A person from a human resources service provider also expressed to Sina Technology，He is owed nearly 500,000 yuan by 188bet best bookmaker，It has been three months now。“All formalities have been completed，But they keep delaying，I said before that we need to go through the financial process，Now they say you have to queue up for payment。” she revealed，The company is considering sending a lawyer’s letter to 188bet best bookmaker。

Failed to expand, contracted significantly: Nihao 188bet best bookmaker was merged

With the gradual development and expansion of OYO hotels in the Chinese market，Domestic 188bet best bookmaker giant Huazhu Group has launched a sniper attack。

Back in September 2017，Huazhu has signed a 5-year cooperation memorandum with OYO，At the same time, Huazhu also made an equity investment of US million in OYO。But under OYO’s ambition to become the world’s largest 188bet best bookmaker chain，Huazhu seems to have its own plans。End of 2018，A company called H 188bet best bookmaker Chain (later renamed Nihao 188bet best bookmaker) was quietly established，Aiming at the chainization of independent hotels，Its investors are Huazhu and IDG。

May 2019，Nihao 188bet best bookmaker and OYO held a press conference in Chengdu on the same day。OYO announced at the press conference that its scale has surpassed Huazhu and Home Inns，Become the largest single-brand 188bet best bookmaker in China，And the second largest in China、The sixth largest 188bet best bookmaker group in the world。

Ji Qi, Chairman of Huazhu Group, personally held a press conference for Nihao 188bet best bookmaker。He secretly criticized OYO Hotels in his speech: "China's 188bet best bookmaker industry does not need so many subsidies，There are many OTAs now；There are enough brands in China’s 188bet best bookmaker industry，Don’t need another brand，There is no need for a local chicken like ofo。”

Although there is support from Huazhu Group，But the development of Nihao 188bet best bookmaker has not been smooth sailing。

Compared with OYO Hotels sending one person to manage multiple hotels，Nihao 188bet best bookmaker focused on the store manager model in the early days，Assign a store manager to each 188bet best bookmaker，Hope to improve the 188bet best bookmaker’s operation and management level。

But the store manager model soon ran into difficulties。With the increase of contracted hotels，The number of store managers trained cannot keep up with the expansion speed，At the same time, the 188bet best bookmaker is also quite dissatisfied with the increased salary cost of the stationed store manager。Nihao 188bet best bookmaker later changed the store manager model to a shared store manager model，One store manager manages multiple hotels at the same time。

Also，Hello 188bet best bookmaker also met with OYO 188bet best bookmaker 1.Operational issues similar to 0 mode。Although there is support from Huazhu Group，But Nihao 188bet best bookmaker has not fully connected with the Huazhu Group membership system，This also makes the revenue increase of many contracted hotels not obvious。

November 2019，Nihao 188bet best bookmaker is reported to be shrinking on a large scale。Founder of Hello 188bet best bookmaker、CEO Xia Qingning confessed to the media that he was making layout adjustments。He introduced，Nihao 188bet best bookmaker has reduced its key distribution areas across the country to 13 provinces，Especially in Guangdong、96 tier 3 to tier 6 cities in the three economically developed provinces of Zhejiang and Jiangsu，10 more remote provinces such as the three eastern provinces are currently not on the key development list。

actually，With the reduction of layout area，Nihao 188bet best bookmaker also started large-scale layoffs at the end of 2019。

Chen Peng, a former employee of Nihao 188bet best bookmaker, revealed to Sina Technology，The total number of employees in Nihao 188bet best bookmaker reached more than 2,000 during the peak period，When he resigned at the end of 2019 and the beginning of 2020，There are only about 500 employees left。

“The company initially wanted to differentiate itself from 188bet best bookmaker Hotels，But the final modes are not much different。And there is a big gap with 188bet best bookmaker hotels in terms of data and market share，In addition, our target 188bet best bookmaker hotels have their own problems，It is said that the company has encountered considerable difficulties in subsequent financing。"He said。

Recently，Huazhu Group announced the merger of its Elan brand and Nihao 188bet best bookmaker。Industry opinion，This also means to a certain extent that Nihao 188bet best bookmaker has failed in its independent development，Huazhu had to take over and stop the loss。

Is the bubble in the independent 188bet best bookmaker industry bursting?

As OYO 188bet best bookmaker and Nihao 188bet best bookmaker faced difficulties one after another，The independent 188bet best bookmaker industry as a whole is also experiencing a major cooling down。

2018，Strategic investment from Ctrip、Lyuyue Group, where Zhang Qiang, president of Qunar.com, serves as CEO, has launched the 188bet best bookmaker chain brand Simply，Also aiming at the chainization of independent hotels。However, relevant people from Luyue Group told Sina Technology，The company began to weaken its strategy in the second half of 2019，“On the one hand, it is based on market judgment，On the other hand, it is also the adjustment of the company’s internal business focus。”

actually，As a series of problems were exposed in OYO hotels in 2019，Investors have begun to be cautious towards independent 188bet best bookmaker chain brands。

July 2019，Some media said 188bet best bookmaker’s new round of financing was blocked，Saying that Sequoia China was interested in investing in 188bet best bookmaker China，However, we decided to withdraw from this financing after due diligence。188bet best bookmaker denies it，But in the subsequent announcement of US billion in financing，Officially acknowledged that Lightspeed Capital and Sequoia Capital (India) are selling part of their stakes。

A person from an investment institution said when learning about 188bet best bookmaker China’s massive layoffs，“We regretted not getting financing from 188bet best bookmaker before，Looking at it now, maybe it’s not a blessing but a blessing。”

But what is more important is the attitude of independent 188bet best bookmaker owners.

Based on the 3 things OYO will implement this year.0 mode，This is also the official “win-win treasure” model as an example。Compared to the previous 2.0 mode，Win-win treasure has no guarantee，Pay weekly，It is indeed more open and transparent，But the commission ratio has also been greatly increased，It is extremely difficult for 188bet best bookmaker owners to accept。

“I won’t trust them anymore，What 2.0，3.0，Join or something，They are all lies。" A 188bet best bookmaker owner who is still collecting debts and defending his rights said angrily。He said，Due to the new coronavirus epidemic, passenger flow has dropped sharply，Coupled with the impact of previous cooperation with OYO，The 188bet best bookmaker is almost unsustainable。“The 188bet best bookmaker industry is not expected to recover until June，Rent of 400,000 per year，I am really in a dilemma。”

After resigning from Nihao 188bet best bookmaker，When Chen Peng was looking for a new job, he also decided to change to a new industry。

layoffs、Amount owed、Merge......Under the new coronavirus epidemic，It adds a lot of chill to the independent 188bet best bookmaker chain brand。The industry will gradually recover when the epidemic passes，Nearly one million independent hotels、There is no doubt that the market size of nearly one trillion is still worthy of continued development by existing players。But this requires players to run through their own mode，Balancing development speed and refined operations，Really create value for independent 188bet best bookmaker owners and the industry。

(The interviewees Wang Qi and Chen Peng in this article are pseudonyms)

*Source of this article: Sina Technology,Author: Zhang Jun, originalTitle:《OYO’s massive layoffs Hello 188bet best bookmaker was merged: the independent 188bet best bookmaker bubble burst？》.