OYO plans to double hotel revenue by FY26

IPO-bound global travel tech platform OYO on Friday said it expects to raise booking revenue from company-serviced hotels to 44 per cent from 22 per cent by the end of current financial year, as part of its increasing focus on India and premium property expansion.

OYO presently operates over 1,300



company-serviced hotels in India, primarily featuring its mid to premium segment brands, including Townhouse, Townhouse Oak, Capital O, Palette, and SUNDAY.

The share of company-serviced hotels in OYO’s portfolio is also set to double, expanding their presence from 124 cities to over 300 cities across India, the company said.