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Oyo Plans $300 Million U.S. Expansion With Focus on Major Cities

Danni Santana

Photo Credit: Oyo Townhouse is one of two brands that will lead new growth in the U.S. for the India-based startup. Oyo Hotels & Homes

Skift Take

Sometimes it's obvious when a company is growing too fast. This doesn't appear to be one of those times. Oyo wants to be everywhere customers want to vacation.

Oyo Hotels & Homes, the young and rapidly expanding India-based hotel startup, has announced plans to invest $300 million into increasing the company’s footprint in its “newest home market” of the U.S. The growth will be driven by two of the company’s budget hotel brands, Oyo Hotels and Oyo Townhouse, it said. The expansion will focus on Oyo's under-penetrated markets such as New York, Los Angeles, and San Francisco. Oyo currentl

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