BENGALURU : Hospitality unicorn Oyo expects its co-living and co-working businesses to recover in a slow but steady manner, as demand inches back during the ongoing pandemic. Ankit Gupta, CEO- Frontier (Oyo LIFE & Workspaces), Oyo India and South Asia said it is witnessing demand growth of 30- 35% across OYO Life (co-living) and OYO Workspaces (co-working) businesses. For its co-living business Oyo Life, it recently launched a 20% discount on monthly rent, starting from the fourth month of the long-term stay. While Oyo Life operates in over 200 buildings across nine cities, Oyo Workspaces has 17 centres in seven cities. Oyo Workspaces offers Flexi Pass starting at ₹1999 a month and other options like Hotdesk at ₹5,000 to ₹8,000 a month.

Source: Mint November 15, 2020 12:33 UTC