India, June 6 -- Hospitality giant OYO is looking to expand its company-serviced hotels like Townhouse and SUNDAY to boost revenue.
OYO is aiming to increase the booking revenue of such hotels from 22% to 44% in the financial year 2026 (FY26), it said in its statement.
It further looks to increase the number of company-services properties to 1,800 in the same period and expand its presence to nearly 300 cities across India from 124 cities at present. It includes cities like Mohali, Faridabad, Jalandhar, Cuttack, Asansol and Darjeeling, among others.
Notably, company-serviced hotels of OYO are directly managed and operated by the hospitality unicorn. OYO claims that these hotels have more than double occupancy as compared to franchise h...
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