OYO to lay off 90 per cent of US workers
US: Hospitality chain OYO is planning to lay off 90 per cent of its employees in the United States. Most of the workforce was initially furloughed in April, with news spreading soon after that layoffs may be coming. According to revenue tracking site Layoffs.fyi, OYO’s revenues have fallen to 25 per cent below its January […]
Expedia signs MOU in San Diego
US: Expedia Group, which owns short-term rental brands such as Vrbo and HomeAway, has signed a memorandum of understanding on potential regulations with a San Diego union. Unite Here Local 30, representing around 6,000 hotel, airport, and restaurant workers in the San Diego area, have signed, marking a key deal for labour-rental relations. Across the […]
Churchill Living signs ten-year lease in Washington
US: Corporate housing provider Churchill Living has agreed to a ten-year lease with Washington DC developer Perseus TDC. The group will manage 106 units in a 500-unit mixed-use development in Washington DC’s NoMa neighbourhood. The building, previously named Storey Park, is found at the intersection First and L street NE. The project was rebranded to […]