Hotline: 1800 102 2007
Hotline: 1800 102 2007
Aug, 01 2019

OYO eyes further growth across Southeast Asia with new hotels in Vietnam by 2020-end

Currently, Oyo has a presence in six Vietnamese cities, including Hanoi, Ho Chi Minh, Da Nang, Phu Quoc, Vung Tau and Nha Trang.

OYO eyes further growth across Southeast Asia with new hotels in Vietnam by 2020-end

OYO is planning to bring its popular offering to Southeast Asia, with an aim to launch a swathe of new hotels in Vietnam by the end of 2020.

Recently, the hospitality firm pumped $300 million into growing the US arm of their business, bolstering both their western and eastern shore of the respective hospitality markets.

Currently, OYO has a presence in six Vietnamese cities, including Hanoi, Ho Chi Minh, Da Nang, Phu Quoc, Vung Tau and Nha Trang.

OYO is planning to make an investment of $50 million in the country, which will see an additional 50,000 Oyo guest rooms landing in ten Vietnamese cities by the end of 2020.

Most of the c ompany’s hotels in Vietnam are franchise arrangements in the mid-range and budget sectors.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Quick Service Restaurants
    Kathi Junction – brings the golden opportunity to start your..
    Locations looking for expansion New Delhi
    Establishment year 2009
    Franchising Launch Date 2009
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater NEW DELHI New Delhi
  • Quick Service Restaurants
    About Us: Chawla Chicken(Chawla’s2) is one of the biggest North Indian..
    Locations looking for expansion Punjab
    Establishment year 1960
    Franchising Launch Date 1991
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ludhiana Punjab
  • Water Treatment & Purification Services
    About Us: A Low Risk- High Return Opportunity  PANISA is an exclusive..
    Locations looking for expansion Delhi
    Establishment year 2003
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • About Us: Featuring a warm, friendly, and comfortable environment, The Pizza..
    Locations looking for expansion Uttar pradesh
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 50000 - 2lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Unnao Uttar pradesh
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities