OYO hits the 500 rooms mark in Pokhara

Pokhara, October 24th. : OYO, South Asia’s largest and world’s fastest growing chain of hotels, has inaugurated its 500th exclusive room in the city of Pokhara, with 42 room hotel, OYO 151 Hotel Snowland.

The property was inaugurated by Chief Guest for the event, Mr. Dhan Bahadur Nepali, Honorable Speaker of Pokhara Metropolitan city, Nepal. This property will also host hundreds of guests during the Pokhara Premier League for which OYO is the official hospitality partner. The expansion is in line with OYO’s mission of creating beautiful living spaces, powered by technology at an affordable cost.

 

Announcing the launch, esteemed Chief Guest, Mr. Dhan Bahadur Nepali, Honorable Speaker of Pokhara Metropolitan city, Nepal, said, ‘’It’s my utmost pleasure to inaugurate OYO’s newest hotel in Pokhara – OYO 151 Hotel Snowland and be a part of its exciting journey in Nepal. OYO is a story of entrepreneurial spirit and innovation and this new launch will boost the technology and hospitality ecosystem in the country. I wish the entire OYO team all the best for their journey in Nepal and Pokhara.’’

 

Nishidh Halani, Country Head for OYO in Nepal, commented, ‘’OYO was launched in Nepal in April 2017 and since then the response to our offerings has been overwhelming. We at OYO, work closely with hotel owners, empowering them to become better hospitality players through the means of technology.

Our tech offerings help them in having a stronger grip at hotel operations with added benefits of rigorous staff training, marketing and distribution through both online and offline channels for delivering a high-quality customer experience, which is the key to high occupancy and therefore returns. This launch is a testament to our success in Nepal. We plan to deepen our footprint in Pokhara and Kathmandu in the coming months.’’

 

With the recent launch in Pokhara, OYO’s total number of rooms in the city now stand at 500+ with consistent increase in their occupancies. Across Nepal, OYO has partnered with over 80 hotels offering 1,400+ OYO branded, comfortably furnished rooms, which include modern amenities including complimentary breakfast, spotless linen, free WiFi, television and 24/7 support with rates starting as low as NPR 999 per night and averaging at NPR 2000 per night.

The company is also the official hospitality partner for the Pokhara Premier League and will be hosting players and guests across its partner hotels in the city.

 

In Pokhara, lakeside is the top performing location for OYO receiving the highest footfall of travellers. Nepal, with its diverse offerings, caters to the needs of all types of travellers – leisure and business, adventure seekers and pilgrims and is a strong market for OYO. The company has seen a robust growth in the number of bookings with a 10X increase in its network since the launch in 2017.

 

Launched in May 2013, OYO’s mission is to create quality living spaces, anywhere, for everyone. Globally, OYO chain of hotels is present in over 350 cities with over 12,000 asset partners spread across seven countries including India, China, Malaysia, Nepal, the UK, the UAE and Indonesia.

OYO Hotels has pioneered the world’s first full stack technology led hospitality model and has over 270,000 franchised and leased rooms as a part of the chain, delivering strong revenue yields for its asset partners. OYO Hotels & Homes host more than 150,000 stayed room nights every single day, a testament to its impact on millions of guests across the world. With the launch of OYO Living, OYO is all set to become the largest provider of affordable housing.