It’s no vacation for the hospitality industry. Reeling from the Covid-19 pandemic, popular budget hotel chains OYO and RedDoorz have seen occupancy rates and revenues plunge up to 80% in Southeast Asia. They’ve also been forced to let go and furlough hundreds of people, along with cutting salaries across the board. OYO declined to provide…

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AUTHOR

Jum Balea

Jum is a Manila-based reporter for The Ken, where she covers startups and business across Southeast Asia, with a focus on the Philippines. She previously was editor for Tech In Asia, and business editor for Philippine media companies Rappler and ABS-CBN.

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