15 October 2018, India:
OYO Rooms announced that it has launched operations in the United Arab Emirates (UAE). It has has launched the operations with over 10, full inventory franchised and operated hotels in Dubai, Sharjah and Fujairah in the UAE.
Ritesh Agarwal, Founder and CEO, OYO Hotels, said, “With over 170 countries committing to the World Expo 2020, the hospitality sector in the Middle East, and more specifically UAE, is poised to grow substantially and with our market learnings and expertise we are ready to tap this opportunity.”
Ritesh Agarwal added, “We’ve been at the forefront of the budget and mid segment hotels revolution in the markets we operate in, and can bring in our operational expertise and technology edge to the benefit of independent hotel owners. As per a recent report, Dubai alone will host over 20 million visitors and currently records approximately hotel keys per resident at 29.9 per 1,000 people, which is on the higher side when benchmarked against international hub cities, a clear indicator of the potential of this market. We are really excited to bring our quality living experiences at affordable prices to visitors of Dubai, while helping local hotel owners make best out of the opportunity ahead of them.”
Ritesh further added, “At OYO, our mission is to create beautiful and quality living spaces by empowering hotel owners to become better hospitality players while ensuring an end-to-end controlled experience for our guests. With our technology and operational expertise, we are enabling hotel owners with technology and across South Asia demand reach, that will help them drastically improve the customer experience while maintaining efficiencies, high occupancy, and yields. We’ve been responsible for enabling over 100,000 job opportunities in South Asia, and look forward to creating 4000+ direct and indirect jobs in the UAE by the end of 2019.”
Manu Midha, Regional Lead, UAE, OYO Hotels., said, “We are really excited about the opportunity offered by the UAE. This expansion, therefore, is in line with our quest to support the country’s hospitality ecosystem and creating infrastructure for asset owners to grow and run successful businesses, all of this while ensuring high standards of quality. We want our potential guests and partners to know that with OYO Hotels they’ve found a trusted solution for all their travel and business needs.”
Vartika Goel, Country Lead, OYO Hotels, UAE, added, “The country is an attractive market with sizeable internet and mobile presence, which complements our approach. We’ve received an overwhelming response to OYO Hotels offerings in the country since our soft launch and look forward to hosting more guests in the coming years.”
(Image – OYO Rooms)