OYO Hotels & Homes, a young hotel startup, has plans to invest $300 million over the next few years. The new-age hospitality company currently offers living spaces throughout its 50-plus OYO Hotels in 35 cities and 10 states.
OYO Hotels & Homes are currently located in Dallas, Houston, Augusta, Atlanta and Miami. It aims to expand into cities like New York, Los Angeles and San Francisco.
“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.”