Oyo Plans to Double Premium Hotel Count in Indonesia to 400

Oyo, the India-based budget hotel chain and booking platform, plans to double its premium segment hotel count in Indonesia from around 200 properties to over 400 by the end of 2023.

Announcing its plans to double its portfolio, Oyo on Friday said the demand for premium accommodation options is expected to grow significantly in Indonesia in 2023.

The hospitality operator said it is targeting a mix of business and leisure destination such as Jabodebek, Java and Bali, Sumatra, Kalimantan, and Sulawesi.

Currently, Oyo offers accommodation in the mid-premium segment through Townhous