'No plans of entering any other Middle East country right now', says Oyo’s COO

The hospitality group’s COO talks about Oyo's expansion plans, why the oversupply in hotels is "exciting" and how they're not here to disrupt the market

Oyo hotel rooms, Oyo, Middle east, Saudi arabia, Bahrain, Oman

Oyo Hotels & Home has set a target of reaching 12,000 rooms by 2020 in the UAE market, but Abhinav Sinha, Oyo’s COO, says that they won’t be focussing on any other country in the Middle East for now.

Talking exclusively to Hotelier Middle East, Sinha said, “In the Middle East we are focussed on UAE and Saudi, we have no plans of going to any other country. We may enter Bahrain, in a very small market and then maybe Oman. But we don’t have anything concrete on that end right now.”

Oversupply is “exciting”
Oyo has been fast making strides in UAE and Saudi Arabia, two markets that have been struggling with an oversupply in hotels and hotel rooms However, that doesn’t phase Sinha.

Did you like this story?
Click here for more

In fact he believes that there’s a silver lining in the oversupply situation. He said, “We are excited about having extra supply. Because this gives us a chance to use our technology and then turn things around. This also means getting better products out for consumers.”

He explains, “We don’t build or own assets, we only lease or franchise. So as long as we are using the right data to make the right decisions we should be fine.”

‘Not here to disrupt the market’

A few months ago, Oyo was in the news when several mid-market level hotels made noise about how the company was running them out of business by offering low prices. But Sinha maintains that they are not here to cause ruffle any feathers. “We are not here to disrupt the market. I don’t see any issue with four or five star hotels in India. In fact I believe that they have had awesome business in the last three years. So I disagree that there has been any concern in the market at all.”

For all the latest hospitality news from UAE, Gulf countries and around the world, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page.

Most Popular



Human Capital Report 2017

Human Capital Report 2017

The second annual Hotelier Middle East Human Capital Report is designed to explore the issues, challenges and opportunities facing hospitality professionals responsible for the hotel industry’s most important asset – its people. The report combines the results of Hotelier Middle East's HR Leaders Survey with exclusive interviews with the region's senior human resources directors.

Hotelier Middle East Housekeeping Report 2016

Hotelier Middle East Housekeeping Report 2016

The Hotelier Middle East Housekeeping Report 2016 provides essential business insight into this critical hotel function, revealing a gradual move towards the use of automated management and a commitment to sustainability, concerns over recruitment, retention and staff outsourcing, and the potential to deliver much more, if only the industry's "image problem" can be reversed.

From the edition

From the magazine