OYO Hotels & Homes is investing $300 million to expand its U.S. footprint, which currently includes more than 50 living spaces in Dallas, Houston, Atlanta, and Miami, among others. The world’s sixth-largest chain of hotels, homes, and living spaces in the world, OYO Hotels & Homes will soon expand its presence to cities like New York, Los Angeles and San Francisco.
“We started with the belief that everyone deserves a beautifully designed, chic, and comfortable living space. And everyone deserves a better life. We knew we could change the way people live. We did that by upgrading bland, generic spaces and places and designing them with next gen chic and design moxie, and offering them at hard-to-ignore prices, in Europe and the U.S.,” says Ritesh Agarwal, founder and CEO of OYO. “As a full-scale hotel chain, we strive to bring real value to both owners and guests, and we’re convinced there is unlimited potential for rapid growth in our newest home market, the United States.”
