BENGALURU : Hospitality unicorn Oyo has suspended contracts with more than 250 hotel owners across India, as it looks to renegotiate fixed payment agreements after revenues took a hit due to a nationwide lockdown, said multiple people aware of the development.The Softbank-backed startup has terminated minimum business guarantee (MGB) agreements, a fixed amount payable to property owners on a monthly basis, according to emails sent by Oyo to hoteliers.In its communication, Oyo has instead offered new contracts on a revenue share basis, nullifying fixed pay-outs that were earlier agreed on, said at least half a dozen Oyo Townhouse property owners.The 250 hotel owners co-own Townhouse hotels with Oyo.