Oyo Hotels and Homes has officially made its foray into Thailand, with the opening of 8,000 rooms in 250 hotels across 13 cities, including Bangkok, Pattaya, Phuket and Hua Hin.
While Thailand is a relatively new market for Oyo, CEO for South-east Asia & Middle East, Mandar Vaidya, said the country will grow to play a significant role in the growth of its business in South-east Asia.
“South-east Asia, and in particular Malaysia, was Oyo’s first foray outside of India. Today, Oyo is present in 160-plus cities over 2,500 franchised and leased hotels across Malaysia, Indonesia, the Philippines and Vietnam. That number will rise with the addition of Oyo Thailand,” he added.
“The addition of Thailand to the Oyo family in South-east Asia and the expected influx of tourists particularly from Asia to Thailand, and the increased frequency of flights by airlines into Thailand will reinforce our market leadership position in the region and help us achieve our goal of having two million rooms under management in South-east Asia by 2025.”
Ashutosh Singh, country head, Oyo Thailand, said: “We are bullish about growing our footprint in this beautiful country. Despite coming into Thailand only a few months ago, we have 8,000 rooms in 13 cities. We see strong demand in the middle- to upper-end properties in the tourism market in Thailand and aim to expand our footprint in the country.”