After its successful launch in China, hospitality company OYO has now expanded to the UK. OYO plans to offer over 5,000 rooms in the UK in the next 15-18 months. The company has already started its operations in four properties in London that offer more than 80 rooms.
OYO has roped in Jeremy Sanders, the co-founder of British restaurant chain, Coco di Mama, to lead its operations in the country.
“I am very excited to be leading OYO’s expansion into the UK, one of the most dynamic hospitality markets in the world. We want to become the trusted partner of independent hotels across the UK and, as we’ve experienced in Asia, we are confident that our bespoke technology and operational expertise brings real value to hotel owners and customers alike,” said Sanders.
According to reports, OYO plans to invest $46.71 million (₹338 crore) in the UK market to expand its operations. The company is eyeing to launch its service in ten British cities including Manchester, Birmingham, Glasgow, and Edinburgh in the next couple of years.