Budget hotel aggregator OYO Rooms has been dragged to the Delhi High Court by a Mumbai based hospitality advisory firm, Noesis Capital Advisors. The case has been filed by the company over non-payment of over 1.5 crore rupees for using its services. The firm has filed a winding up petition against Oravel Stays, the company that owns OYO Rooms. The hospitality advisory firm has reportedly claimed that the $400-million startup has failed to make the payment despite using their services during the scaling-up phase of the venture, in an ET news report.
Saudi Arabia is all set to built the world’s biggest hotel by 2017. Abraj Kudai hotel is planned to be located at the Manafia area in Makkah’s central zone, only 2.2 km south of the Holy Haram in Makkah, Kingdom of Saudi Arabia