Oyo set to launch its first upmarket business hotel in India
The property will be redesigned later this year
Oyo Hotels & Homes has partnered with Mountainia Developers, to open its first upmarket business hotel in Ahmedabad, India.
The property, a 64-suites building in Ahmedabad, will be operated under the Oyo brand by redesigning it into a premium upmarket hotel, officials said. “The building will undergo a transformation to be completed later this year, post which we will formally open the doors to this hotel under a new brand name,” Aditya Ghosh, CEO, India & SA, OYO Hotels & Homes, said.
The hotel will primarily cater to business travellers in addition to leisure travellers.
Commenting on the announcement, Ghosh added: “I am really excited to announce the opening of our 64 suites up-scale hotel in Ahmedabad. This segment holds a lot of promise for us given the rapid growth of the hospitality industry over the last few years. The global upscale and luxury hotel market is predicted to witness tremendous growth and at Oyo, we want to leverage this opportunity.”
For business travellers, the hotel provides corporate-friendly facilities like breakfast spreads, complimentary airport pickup, mini-fridge and tea coffee maker and valet parking among other things.
The property has three suites — deluxe, classic, and presidential suites — and five banquet halls, boardroom. The hotel also has a wellness centre that includes spa & gym facilities.
The hospitality company will be working with partner companies that will help acquire assets, while Oyo will leverage its expertise in property on-boarding, renovation and redesigning.