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OYO plans to double premium hotel portfolio in Indonesia

Hospitality company Oyo has planned to double its premium segment hotel count in Indonesia in 2023, which consists of hotel brands such as Townhouse Oak and Collection O that meet premium hotel criteria of design, service quality, and high level of safety and health standards. 

These hotels are equipped with key amenities, including bigger room sizes, swimming pools, restaurants, and in-room facilities like hair dryers and mini-fridges, etc., making them popular among tourists looking for comfortable stays. 

“Indonesia is one of the most mature markets for OYO in terms of scale and unit economics. Our focus on expanding the premium hotel portfolio is in line with the government’s plans to strengthen the hotel industry to meet the requirements of the growing number of inbound and corporate tourists looking for well-priced mid-segment and premium hotels,” Ankit Tandon, Global CBO and CEO – Southeast Asia and Middle East, OYO, said.

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