Oyo May Have Turned Cash-Flow Positive

• How high will be too high for May Day Golden Week in China as reports continue to pour in about terrific business, soaring room rates, and enormous train ridership.
• The Macau Government Tourism Office said they were predicting 70,000 visitors a day during the holiday period.
• Oyo said it turned cash flow positive in the fourth quarter of FY2023 in an internal note to employees.

How high will be too high for May Day Golden Week in China as reports continue to pour in about terrific business, soaring room rates along with a report from Bloomberg that there were roughly 19.7 million railway trips made across the country on April 29. China Railway Group said they expect a record 120 million […]