OYO Hotels & Homes Announces a $300 Million USD U.S.A. Expansion



(San Francisco, CA and New York City, NY) Oravel Stays Private, Ltd., does business as OYO Hotels & Homes.  The aforementioned was officially founded, in the year 2013.  The headquarters office is located in Gurgaon, Haryana, the Country of India.  Primarily and as part of the worldwide hospitality industry, OYO Hotels & Homes does business in Asia and Europe.  For the United States of America, Oravel Stays Private, Ltd. d.b.a. OYO Hotels & Homes manages more than 50 hotels.  Technically, the business model is the contemporary real estate investor, and, hotel management company business model.  For these more than 50 hotels, there are more than 350 real estate investors.  The overall idea; is a new age hospitality business that believes in a comfort design, and, a chic hospitality concept.  Recently, Oravel Stays Private, Ltd. announced that, it continues to believe in its business model for the United States of America.  Specifically, the aforementioned hospitality business revealed that, it has launched a $300 million USD U.S.A. expansion.  This expansion is planned to be fast paced, and, it is expected to be completed within a few years.  
             Within a few years, and as a result of the fast paced $300 million USD U.S.A. expansion, the following cities will have an OYO Hotels & Homes hotel.  The City of New York, the City of Los Angeles and the City of San Francisco are the cities.  Also within the next few years; headquarters level talent, competency buildings and further infrastructure developments are expected to be completed.  The latter, is for the expansion inside the United States of America.  However and returning to, the current OYO Hotels & Homes hotels in the United States of America.  These more than 50 hotels are in 35 cities, which are located inside 10 states of the United States of America.  Dallas, Houston, Augusta, Atlanta and Miami are five of the previously mentioned 35 cities.  Those more than 350 real estate investors are located in 15 states of the U.S.A.  The extra five states, are part of the expansion plans.  
             Currently, Oravel Stays Private, Ltd. d.b.a. OYO Hotels & Homes is considered to be the sixth largest hotel chain, in the world.  Primarily, OYO Hotels & Homes does business out of two brands.  These two brands are; OYO Hotels, and, OYO Townhouses.  Both lines are considered to be, new-age or new-era lines.  For this distinction, the business focuses on a simple chic design and hospitality concept.  Through the simple chic concept; OYO Hotels & Homes aims at providing a hotel stay that, is high quality and consistent.  The price for the night stay, is always intended to be; hard to ignore.  For those real estate investors; everything that was previously said, results in a high occupancy rate and profits. 
            To end, Oravel Stays Private, Ltd. d.b.a. OYO Hotels & Homes did release press statements.  Abhinay Sinha is the Chief Operating Officer of OYO Hotels & Homes Global of Oravel Stays Private, Ltd.  Through a press statement, Mr. Sinha said the following.  We at OYO are thrilled to see our business grow in the U.S., our newest home market.  We promise to bring new-age hospitality experience at a price point you never imagined; select service hotels are finally going to be fun and beautiful.”  Abhinay Sinha also said.  “We are in the largest country in the world when it comes to the hospitality industry and there is a definite need here for chic and comfortable hospitality experiences at prices never thought of before.  It’s going to be all about #LivingTheGoodLife at an OYO near you, and we are excited to continue delivering against our mission.”  Ritesh Agarwal is the Founder and the Chief Executive Officer of Oravel Stays Private, Ltd.  Through a press statement, Mr. Agarwal said the following.  “We started on 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.  That said, given that there was so much movement from traditional hotels to well-designed accommodations, we knew that our guests would appreciate #LivingTheGoodLife, no matter what the price point is.  For them, it is never only about the price point, it is the entire package.”  Ritesh Agarwal also said.  “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.”  As previously stated, Oravel Stays Private, Ltd. recently announced that, it continues to believe in its business model for the United States of America.  Specifically, the aforementioned hospitality business revealed that, it has launched a $300 million USD U.S.A. expansion.  This expansion is planned to be fast paced, and, it is expected to be completed within a few years.  Lastly the City of New York, the City of Los Angeles and the City of San Francisco are expected to have an OYO Hotels & Homes hotel; within the next few years.

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Written from Press Release
Registered Writer at
PR Newswire Association, LLC
R-Berumen28
06/22/2019

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