OYO Hotels & Homes celebrates its growth in the U.S. by announcing plans to invest $300 million over the next few years. The new-age hospitality company currently offers great living spaces throughout its 50+ OYO Hotels in 35 cities and 10 states, led by a strong team of more than 350 OYOpreneurs across 15 States. The company’s ability to win customers by introducing its popular concept of ‘comfort design’, and deliver value chic hospitality experiences at hard to ignore prices, makes it possible for OYO to continue to grow at a scorching pace. By combining the best of both worlds – traditional high-quality and consistency, along with the design focus of a new-age brand – OYO plans to partner, manage and open the doors to on an average one hotel building per day. The company has already generated over 1000 jobs. This growth will be driven by two brands – OYO Hotels & OYO Townhouse – that operate on the philosophy that everyone, every day should experience #LivingTheGoodLife.
The world’s sixth-largest chain of hotels, homes, and living spaces in the world, OYO Hotels & Homes currently offers its unique service at popular cities across the United States, including Dallas, Houston, Augusta, Atlanta and Miami, and promises to soon expand its presence to cities like New York, Los Angeles and San Francisco.
“We, at OYO, are thrilled to see our business grow in the U.S., our newest home market. We promise to bring new age hospitality experience at a price point you never imagined; select service hotels are finally going to be fun and beautiful,” said Abhinav Sinha, COO, OYO Hotels & Homes, Global. “We are in the largest country in the world when it comes to the hospitality industry and there is a definite need here for chic and comfortable hospitality experiences at prices never thought of before. We are already 50+ OYO Hotels across 35 cities and 10 States and to celebrate our growth, we plan to invest $300 million over the next few years. It’s going to be all about #LivingTheGoodLife at an OYO near you, and we are excited to continue delivering sincerely against our mission,” he added.
