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IPO-bound OYO looks to double number of premium hotels in India this year

The firm plans to add about 1800 premium hotels this year, with a focus on key business cities

Photo: OYO Hotels & Homes
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Photo: OYO Hotels & Homes

Aryaman Gupta New Delhi
IPO-bound OYO has announced plans to double the number of its premium hotels in India in 2023.

The firm plans to add about 1800 premium hotels this year, with a focus on key business cities such as Bangalore, Hyderabad and Chennai in south India, Delhi, and Noida in north India, Kolkata in east India, and Mumbai in west India.

The company says it plans to support the surge in business travel by increasing its footprint across all the major business cities.

“We are seeing a clear trend of people's willingness to spend more on experiences. Therefore, hotels are now offering

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First Published: Feb 21 2023 | 10:10 PM IST

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