FHW Staff – Mumbai
OYO Rooms has announced that it will offer 2,000 high-quality rooms in 150 hotels across Bangalore by the end of 12 months. OYO currently offers 300 rooms in 29 hotels, spread across Bangalore’s major business and tourist-friendly locations, including Brigade Road, Koramangala, Whitefield, Indiranagar and MG Road.
OYO Rooms offers high-quality and standardised rooms at prices starting from just INR 999 a night for leisure and business travellers. These rooms are equipped with standardised amenities, including comfortable beds, air conditioning, TV, free and unlimited Wi-Fi, a clean and attached washroom and a complimentary breakfast service. The company has recently raised INR 150 crore (US $25 million) in venture capital funding and plans to use this money to undertake a massive expansion in Bangalore and other cities.
Ritesh Agarwal, CEO, OYO Rooms said, “Our Bangalore expansion is an important part of our journey of building the world’s largest network of branded hotels. Our team is working very hard to create a niche in the branded budget hotel segment offering convenience that is technology based, exactly what the youth today understands and expects. We have chalked out an aggressive expansion plan for Bangalore as we anticipate a huge demand among travelers to Bangalore”.
“With standardised rooms across India priced as low as INR 999 a night, we are not only making travel smarter and more accessible to Indians, but also completely changing the value perception of a budget hotel stay,” added Ritesh.
Abhinav Sinha, COO, OYO Rooms said, “OYO uses technology to deliver a far superior and standardised customer experience across all our properties. We are looking to offer an unprecedented, seamless experience to the budget traveler at all stages, from the discovery and booking of a room to its realisation with the promise of an awesome stay at all times.”