{"id":4578,"date":"2019-02-07T08:24:16","date_gmt":"2019-02-07T08:24:16","guid":{"rendered":"http:\/\/zestmag.com\/online\/?p=4578"},"modified":"2019-02-07T08:24:18","modified_gmt":"2019-02-07T08:24:18","slug":"oyo-hotels-launches-in-phl-to-invest-upwards-of-50m","status":"publish","type":"post","link":"http:\/\/zestmag.com\/online\/oyo-hotels-launches-in-phl-to-invest-upwards-of-50m\/","title":{"rendered":"OYO Hotels launches in Phl, to invest upwards of $50M"},"content":{"rendered":"\n

Technology and tourism, when converged effectively, open a myriad of opportunities. OYO, South Asia\u2019s largest, and the world\u2019s fastest-growing chain of hotels, homes and spaces, proves this as it lands in the Philippines. <\/strong><\/p>\n\n\n\n

After establishing its foothold in Southeast Asia with operations in Malaysia and Indonesia, OYO Hotels is set to further expand its presence in the region with commencement of its operations in Philippines. Starting with over 21 franchised and leased hotels, spread across Metro Manila, Tagaytay and Cebu, OYO Hotels plans to enter more than 10+ cities by 2020. The hospitality chain has also committed an investment of over $50 million over the next few years in the country with the mission of transforming its hospitality landscape in the country. As a part of its continued commitment to the country, OYO Hotels aims to further generate over 1,000 direct and indirect jobs that will help support the economic trajectory of Philippines. <\/p>\n\n\n\n

Launched in India in 2013, the tech-driven, full-scale hospitality chain works with small and independent hotels, while transforming them into quality living spaces, inducing operation efficiency through staff training, technology solutions for housekeeping, F&B and seamless experience for both guests and asset owners. <\/p>\n\n\n\n

OYO Hotels has always believed that neighborhood hotels possess the untapped potential of being at par with big chains in terms of both service and Revpar, and is uniquely placed to bring this advantage to the asset owners in Philippines. OYO\u2019s presence in the country would also be an enabler of multiple employment opportunities in the field of housekeeping, front office, F&B, general management, civil engineering, data science, hospitality operations and technology.<\/p>\n\n\n\n

Commenting on the development, Abhinav Sinha, Global Chief\nOperating Officer (COO) of OYO Hotels and Homes, said, \u2018\u2019OYO is committed to offering customers a superior yet\naffordable stay and travel experience while helping improve the yield\nfor independent hoteliers in the country. With its\nabundant natural resources and many captivating tourist sights and\ndestinations, the Philippines offers local and foreign tourists alike endless adventures.\nIn 2018, the country welcomed a record-breaking number of\ntourists<\/a> and we are positive that a great opportunity lies in front\nof us to build a strong and sustainable hospitality ecosystem in the\ncountry.  We\nbelieve that by setting foot in the Philippines, we are advancing our vision of\nstrengthening our foothold in Southeast Asia,\u201d<\/p>\n\n\n\n

\u2018\u2019We\u2019ve been at the forefront of leased and franchised\nhotel revolution in India, China, Malaysia, Nepal, UK, UAE and more recently\nIndonesia and extremely excited to extend our quality-assured experience to\ntravellers visiting Philippines. Our priority here is to ensure that we bring\nOYO Hotels\u2019 top-notch service starting at 750 Pesos to the country, with the\ngoal to become the most loved hotel chain. With the current 21 hotels, over 500\nrooms we aim to grow to 10+ cities by 2020 while becoming a household name for\nboth local and international travellers visiting the country. Our growth in the\ncountry will be fueled by a strong local leadership and a team of young\nhospitality enthusiasts. We look forward to a fruitful journey in the months to\ncome.\u2019\u2019<\/p>\n\n\n\n

With presence in more than 500\ncities across India, China, Malaysia, the United Kingdom, Nepal, the United\nArab Emirates, Indonesia and now the Philippines, OYO remains on track in its\nmission to drive sustained yield and increased\noccupancy for small-scale hoteliers while providing\ncomfortable, high-quality,  affordable hospitality experience to travelers,\nboth domestic and international.<\/p>\n\n\n\n

OYO kick-starts its Philippine\noperation with 21+ franchised\nand leased hotels across Metro Manila, Tagaytay\nand Cebu with more than 500 exclusive rooms.\nAs part of its expansion plan in the country, OYO is looking to launch  20,000 more rooms in 10+ key cities all over the archipelago,\nincluding Palawan, Cebu, Boracay and Davao. This\nmeans that by 2020, OYO would have created\n1,000 jobs, further strengthening the hospitality and real estate industries in\nthe country.<\/p>\n\n\n\n

Talking about the OYO\u2019s impact on the hospitality\nsector so far, Abhinav added, \u201cAt OYO, our mission is to create a perfect space\nin every place by empowering hotel owners to become better hospitality players\nwhile ensuring an end-to-end controlled experience for our guests. With our\ntechnology and operational expertise, we are enabling hotel owners with\ntechnology and across South Asia demand reach, that will help them drastically\nimprove the customer experience while maintaining efficiencies, high occupancy,\nand yields. We\u2019ve been responsible for enabling over 100,000 job opportunities in South Asia, and look forward to creating\n1000+ direct and indirect jobs in Philippines by 2020.”<\/p>\n\n\n\n

A global-first, OYO Hotels brings a unique\nequilibrium between demand and supply gap of quality living spaces through\nproprietary technology, efficient operations, staff training, civil\ntransformation, inventory management, revenue management and customer\nrelationship manager. All these facets come together to improve a hotel\u2019s\nperformance by delivering a quality-assured experience. Subsequently, hoteliers\ncan take advantage of the technology to boost occupancy and deliver enhanced\ncustomer experience.<\/p>\n\n\n\n

Ankit Arya, Country Head for OYO Hotels in\nPhilippines, said, \u2018\u2019OYO\u2019s approach towards hospitality is as unique as it can\nget. Philippines offers an attractive market with sizeable internet and mobile\npresence, which complements our approach. We’ve received an overwhelming\nresponse to OYO\u2019s offerings in the country since our soft launch and look\nforward to hosting more guests in the coming years.\u2019\u2019<\/p>\n","protected":false},"excerpt":{"rendered":"

OYO\u2019s presence in the country would also be an enabler of multiple employment opportunities in the field of housekeeping, front office, F&B, general management, civil engineering, data science, hospitality operations and technology.<\/p>\n","protected":false},"author":3,"featured_media":4579,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,4],"tags":[2157,2158],"class_list":["post-4578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-destinations","category-newsmakers","tag-oyo-hotels","tag-property-development"],"_links":{"self":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/4578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/comments?post=4578"}],"version-history":[{"count":1,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/4578\/revisions"}],"predecessor-version":[{"id":4580,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/4578\/revisions\/4580"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/media\/4579"}],"wp:attachment":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/media?parent=4578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/categories?post=4578"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/tags?post=4578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}