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OYO Expanding Business in Philippines, Sources Say
January 22, 2019
Today, OYO Rooms has a strong presence in not just India but also China, Indonesia, UAE, Malaysia, Nepal, and the UK. However, sources said that the domestic hospitality company is now also venturing into the Philippines market to grow its international presence.
According to sources, OYO has already inked a pact for 10 properties in the Philippines and more will be added to the portfolio soon. They said that the company wants to expand business in the country as quickly as possible to tap into its USD 5 billion market.
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