OYO to invest $300 million over the next few years in the United States

OYO Hotels & Homes has announced its plans to invest $300 million over the next few years in the U.S. OYO currently offers living spaces in 35 cities and 10 states including Dallas, Houston, Augusta, Atlanta and Miami, and will 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.