OYO India crosses 100-hotel milestone in US

OYO Hotels & Homes has strengthened its footprint to more than 100 hotels in over 21 states in the United States (US).

The hospitality firm has made a commitment of $300 million as an initial investment in the US in order to fuel rapid growth across the country.

At present, the SoftBank-backed company is successfully launching one or more buildings per day, creating over 4,000 jobs. It has 112 OYO hotels live in July in more than 21 states and 60 cities, including Dallas, Houston, Los Angeles, Seattle, Atlanta and Miami.

Ritesh Agarwal, Founder and Chief Executive Officer, OYO, said, “We are excited with our rapid growth and early success in the US, our newest home market.”

“The US is a key home market for the company given its huge potential,” he added.

Recently, the firm has collaborated with hospitality investment and management company Highgate to launch its first key flagship property OYO Hotel & Casino in Las Vegas in the US.

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