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India's Oyo to Build First Out-of-Asia Property

1 month ago   |   By Global Traveler Usa

India's largest hospitality company Oyo announced plans to expand by opening properties in 10 cities in the United Kingdom.
Throughout the next 1.5 years, Oyo will work with franchising and marketing teams to partner with up to 300 independent hotels around England and Scotland. This venture will mark the brand's first foray into travel accommodations outside of Asia. With an investment of $53 million, destination cities will include London, Birmingham, Edinburgh, Glasgow and Manchester.
Oyo hopes to have added more than 5,000 rooms by 2020 in a region that welcomed more than 19 million...
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