India’s Oyo opens more than 100 hotels in the US
Hospitality company made an entry into the market in June
India's Oyo Hotels & Homes has opened more than 100 hotels in the United States
Since formally announcing its presence in the US market in June, the Soft Bank-backed company has established itself in more than 60 cities.
The company’s recent entry into Las Vegas with its flagship Oyo Hotel & Casino will add 657 rooms to its inventory. The company has also invested $300 million in the country and will be creating more than 4,000 jobs in the US.
Speaking about the company’s growth, Oyo founder & CEO Ritesh Agarwal said: “We are excited with our rapid growth and early success in the US, our newest home-market. The US is a key home-market. While we continue to transform buildings across the country, we want to stay true to our philosophy that everyone, every day should be living the good life.”