Hotline: 1800 102 2007
Hotline: 1800 102 2007
Aug, 26 2019

OYO purchases 1st property in US by acquiring Hooters Casino Hotel in Las Vegas

With this acquisition, Hooters Casino Hotel will now be rebranded and designed as Oyo Hotel & Casino Las Vegas.

OYO purchases 1st property in US by acquiring Hooters Casino Hotel in Las Vegas

OYO Hotels and Homes, the Gurugram-based hospitality chain, has acquired the Hooters Casino Hotel Las Vegas. This is the SoftBank-backed company’s first property purchase in the US.

OYO has partnered with Highgate, an American real estate investment and hospitality management company, for this expansion in the US.

With this acquisition, Hooters Casino Hotel will now be rebranded and designed as Oyo Hotel & Casino Las Vegas.

OYO Hotel and Casino Las Vegas will be managed by Highgate. It will offer 657 rooms across 19 floors and a 35,000-square-foot casino. 

Abhinav Sinha, Chief Operating Officer and Partner, OYO Hotels and Homes USA, said, “We believe Las Vegas is an exciting city in which to invest as the market continues to evolve with projects such as the new Las Vegas Raiders NFL stadium and the $1 billion expansion of the Las Vegas Convention Center.”

“As we continue to focus on bringing to life our popular concept of ‘comfort design’ and delivering chic hospitality experiences, we are increasingly exploring new ways to connect with our customers, from millennials to young executives and families, in every city we enter,” he added.

Ritesh Agarwal, Founder and Chief Executive, OYO Hotels and Homes, said, “With our newest hotel in Las Vegas, we are excited to cater to a completely different audience segment.”

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Mens Wear
    About Us : The company is in the clothing business since..
    Locations looking for expansion Maharashtra
    Establishment year 2007
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Cosmetics & Beauty Product Stores
    About Us: Dr. Xavier's Gateway Hairfixing is the No.1 Hair fixing..
    Locations looking for expansion Delhi
    Establishment year 1994
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Waste Management Plants
    About Us: Pro India is engaged in bringing back used plastics..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Extra Curriculum Activities
    About Us: Who are we & where do we belong? We are..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
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