OYO Hotels & Homes has announced that it has expanded its presence in India to over 500 cities covering the length and breadth of the country as the company intensifies its presence and commitment to one of its key home markets.
The continued emphasis on growing its presence in India is in line with the company’s objectives of going deeper in existing markets and metros while also ploughing wide and forming a stronger national network through a presence in the smaller towns, cities and popular tourist destinations in India. OYO has, as a result, created over 9000 direct and 100,000 indirect job opportunities and aims to double the number by 2020.
Commenting on the milestone, Aditya Ghosh, CEO, India & South Asia, OYO Hotels & Homes said, “Our rapid strides in India are reflective of our commitment to the region and the pace of progress here runs parallel with our international ambitions. At OYO Hotels and Homes, we are focused on strengthening our presence in India & South Asia while also enabling economic opportunities at every level and across not just the metros but also tier 2, 3, 4 cities. We are less than 5% of the total unbranded hotel and guesthouse market in India and there is massive headroom for growth now and in the future. We are thankful to our thousands of asset owners, OYOpreneurs as well as the millions of customers who choose an OYO. As we continue to build our presence in the years to come, we remain equally focused on the quality of service, the hotel owner success and are constantly innovating to raise the bar for customer experience across 18000+ hotels spread in 500+ cities in the country.”