Indian hospitality brand Oyo is looking to partner with hotels for business expansion

Published on : Thursday, April 26, 2018

oyo-roomsIndian hospitality firm Oyo is seeking to partner with hotels with large inventory of over 100 rooms under its franchisee and management contracts to develop its presence in India.

 

 

Oyo has partnered with 12 such hotels and is managing them across Delhi, Goa, Bengaluru, Tirupati, Hyderabad, Noida, Vrindavan and Patna.

 

 

Maninder Gulati, chief strategy officer, Oyo said that in the past year they have on-boarded over 10 such hotels with inventory ranging from 100-200 rooms and another 10 plus hotels having over 80 rooms.

 

 

Oyo also plans to go deeper into its existing markets while adding over 50 cities to the network and capturing 5 percent share of the country’s hotel market by 2018-end, he added.

 

 

With 4,000 hotels, Oyo is set to reach the target of 180,000 rooms by end of this year.

 

 

Oyo operates under brands like Oyo Rooms in the budget space and Oyo Townhouse, Oyo Home and Oyo SilverKey in the mid-market category.

 

 

Tags: , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 08 imexamerica 2019
  • 14 Hotelierseries Africa 2019
  • 14 restaurantscafeslounges 19
  • 16 global-hotels-resorts 2019
  • 16 TTF 2019
  • 17 getglobal 19
  • 17 thincindonesia 2019
  • 18 Africa Hotel & Resort 2019
  • 18 chinatravelnews2019
  • 18 MILT 2019
  • 19 China Hotel 19
  • 19 itehcmc 19
  • 19 uzakrota London 2019
  • 20 uzakrota Istanbul 2019
  • 22 iitm 2020
  • 23 PTM 2019
  • 30 PATA

TRAVEL INDUSTRY EVENTS

    1. MICE INDIA AND LUXURY TRAVEL CONGRESS 2019

      July 17 - July 18
    2. HOTEL INVESTMENT CONFERENCE AUSTRALIA NEW ZEALAND

      July 17 - July 19
    3. MICE INDIA AND LUXURY TRAVEL CONGRESS 2019

      July 23 - July 24
    4. FOOD & HOTEL INDONESIA 2019

      July 24 - July 27
    5. IITM Bangalore

      August 2 - August 4
Get our toolbar!
Review www.travelandtourworld.com on alexa.com