TravelTech

OYO Earmarks Over INR 448 Cr To Fuel Its Premium Hotel Portfolio In UK

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SUMMARY

OYO plans to open over 40 premium self-operated hotels through leasehold contracts within the current financial year

This investment is expected to create approximately 1,000 direct and indirect jobs, contributing positively to the local economy and hospitality sector

It is pertinent to note that OYO is shifting its strategy to focus on premium hotel offerings rather than just budget accommodations

Doubling down on its premium hotel portfolio in the UK, hospitality giant OYO has announced its plans to invest £50 Mn…

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