OYO Earmarks Over INR 448 Cr To Fuel Its Premium Hotel Portfolio In UK

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SUMMARY

OYO plans to open over 40 premium self-operated hotels through leasehold contracts within the current financial year

This investment is expected to create approximately 1,000 direct and indirect jobs, contributing positively to the local economy and hospitality sector

It is pertinent to note that OYO is shifting its strategy to focus on premium hotel offerings rather than just budget accommodations

Doubling down on its premium hotel portfolio in the UK, hospitality giant OYO has announced its plans to invest £50 Mn…



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OYO Earmarks Over INR 448 Cr To Fuel Its Premium Hotel Portfolio In UK


SUMMARY

OYO plans to open over 40 premium self-operated hotels through leasehold contracts within the current financial year

This investment is expected to create approximately 1,000 direct and indirect jobs, contributing positively to the local economy and hospitality sector

It is pertinent to note that OYO is shifting its strategy to focus on premium hotel offerings rather than just budget accommodations

Doubling down on its premium hotel portfolio in the UK, hospitality giant OYO has announced its plans to invest £50 Mn…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Hi! This is Admin.

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