Despite a drop in overall bookings throughout the hotel industry due to the COVID-19 pandemic, budget-hotel chain OYO Hotels reported a more than 20% increase in long-term stay bookings.
With long-term stays classified as more than seven days, OYO's long-term stay bookings climbed to 21% since stay-at-home orders began in mid-March. The company has also seen a rise in demand for stays lasting a month or longer for displaced workers and medical staff.
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