Oyo starts hotel operations in Japan
Indian hospitality chain Oyo Hotels and Homes has started a hotel joint venture with SoftBank in Japan.
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Prasun Choudhary, who’s helped launched Oyo’s other global businesses, will serve as operating partner for Oyo Hotels Japan.
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Oyo looks to capitalize on Japan’s growing popularity as a tourist destination. “We at Oyo Hotels and Homes see this as a huge opportunity and are excited to contribute towards the growth of the local economy,” Oyo CEO and founder Ritesh Agarwal said.
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The company recently rolled out apartment rental service Oyo Life in the country, through a joint venture deal with Yahoo.