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OYO Ventures into Vietnam Industry with 90 Hotels in 6 Cities
July 04, 2019
OYO said that it’s ventured into the Vietnamese hotel market by launching 90 hotels in 6 cities in the South East Asian country. It said that it will create 1,500 jobs in the country and invest around 50 million USD in the next few years.
OYO Vietnam Country Head Dushyant Dwibedy said that the company looks to expand to 10 cities and 20,000 rooms by the end of 2020. He said that the aim is to become a household name in the country for both locals and traveling foreigners.
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