In April 2019, the hospitality firm’s hotel business in Japan, OYO Hotels Japan, had started operations through a joint venture with the SoftBank Group.
OYO Hotels and Homes has strengthened its footprint in Japan by launching its services in more than 100 hotels across 50 cities including Tokyo, Osaka and Kyoto.
In April 2019, the hospitality firm’s hotel business in Japan, OYO Hotels Japan, had started operations through a joint venture with the SoftBank Group. OYO has roped in Prasun Choudhary, a founding member, as the Operating Partner for OYO Hotels Japan.
Ritesh Agarwal, founder and CEO (Group), OYO Hotels and Homes, said, “OYO was started with a simple belief that everyone deserves a beautiful living space. The service launch with 100+ hotels in Japan is a step forward in that direction. We will continue to be invested in driving efficient growth in Japan and across the globe.”
Prasun Choudhary, Operating Partner, OYO Hotels Japan, added, “The 100 hotel milestone, in a span of six months, is a big moment for us and further fuels our passion to continue to drive growth across the country while delivering quality customer service and empowering asset owners to run a sustainable business.”
Ken Miyauchi, President and CEO, SoftBank Corp, added, “Combining OYO’s most advanced business model with SoftBank Corp.’s knowledge of the Japanese market, we will provide brand-new hotel experience to travelers in Japan.”