OYO Hotels & Homes - the 5th largest hotel chain in the world, the largest in South Asia, the largest in China and the fastest growing in the field of franchising and leasing hotels, homes and living spaces has officially announced its launch in Vietnam. OYO Hotels has been operating very successfully and has established a solid foothold in Southeast Asian countries such as Malaysia, the Philippines and Indonesia. With the launch of operations in 6 cities in Vietnam, OYO Hotels is expected to further expand its brand presence in Vietnam, as well as bring high-tech travel experiences to tourists through good quality rooms at reasonable prices.
Mr. Anil Goel, Global Head of Product and Technology, OYO Hotels & Homes, shares about the development of OYO
Starting with more than 90 franchised hotels across 6 cities and provinces, including Hanoi, Ho Chi Minh City, Da Nang, Phu Quoc, Vung Tau and Nha Trang, OYO Hotels plans to expand its business operations to 10 cities by the end of 2020. The OYO hotel chain has also committed to investing more than 50 million USD in Vietnam in the coming years with the goal of promoting the development of the hotel business market in Vietnam and creating quality living spaces, creating resting conditions for everyone at reasonable prices. In addition, OYO Hotels has also set a goal of bringing more than 1,500 direct and indirect jobs, thereby contributing to the overall development of the Vietnamese economy.
Dushyant Dwibedy, General Director of OYO Vietnam, shares about OYO's impact on the future of the hotel industry
Sharing about the development, Mr. Anil Goel, Global Head of Product and Technology of OYO Hotels said: “OYO is about high-quality, reliable and affordable hotel service experiences around the world. OYO is committed to creating comfortable and quality travel experiences and accommodation spaces for millions of customers in Vietnam, while helping hotel owners improve business efficiency.”
MC Thanh Thanh Hien (left) and guests answering reporters' questions
Talking about the future impact of OYO on the hotel industry, Dushyant Dwibedy, General Director of OYO Vietnam said: “Vietnam is an important market for OYO. With the goal of becoming the most favorite hotel chain in Vietnam, OYO's top priority is to ensure that customers in Vietnam are provided with top-notch hotel services according to OYO's international standards. We aim to expand OYO's business to 10 cities with more than 20,000 exclusive rooms by the end of 2020 and become a familiar name for both Vietnamese and international travelers.”
