OYO Rooms to invest Rs 100 crore in Visakhapatnam to expand business
  • Contact Us
  • Privacy Policy
  • Disclaimer
Friday, August 19, 2022
Yo Vizag
  • Magazine
  • News
  • People
  • Food & Drink
  • Opinion
  • Entertainment
  • Lifestyle
  • More
    • Covid-19
      • Important Helpline Numbers
      • Hospitals in Vizag
      • Donate Plasma
    • Heritage
    • Travel
    • Beauty & Wellness
    • Behind The Name – Vizag
    • Buddhist Sites In Vizag
    • Places To See In Vizag
    • Religious Places
    • Beach in
    • Vintage Vizag
    • Visakhapatnam Pincode
    • Vizianagaram Pincode List
  • Join NowTelegram Channel
No Result
View All Result
  • Magazine
  • News
  • People
  • Food & Drink
  • Opinion
  • Entertainment
  • Lifestyle
  • More
    • Covid-19
      • Important Helpline Numbers
      • Hospitals in Vizag
      • Donate Plasma
    • Heritage
    • Travel
    • Beauty & Wellness
    • Behind The Name – Vizag
    • Buddhist Sites In Vizag
    • Places To See In Vizag
    • Religious Places
    • Beach in
    • Vintage Vizag
    • Visakhapatnam Pincode
    • Vizianagaram Pincode List
  • Join NowTelegram Channel
No Result
View All Result
Yo Vizag
No Result
View All Result
Home News/City Updates

OYO Rooms to invest Rs 100 crore in Visakhapatnam to expand business

15/08/2019
in News/City Updates
Reading Time: 2 mins read
0
oyo, visakhapatnam
Share on FacebookShare on TwitterShare on WhatsAppShare on TelegramShare on Email

OYO Hotels and Homes, in an effort to expand operations and offer better hospitality services, announced on Wednesday that it will invest Rs 100 crore in Visakhapatnam. Launched in the port city in 2016, OYO is reportedly aiming to invest the whopping sum towards capex, infrastructure, and talent segments in the city.

In a release by OYO, the company’s CEO-India and South Asia, Aditya Ghosh said that Visakhapatnam, which is the largest city and the biggest economic hub of Andhra Pradesh, is a key market for OYO. Expanding its business in the city, the company reportedly plans to have at least 10 OYO townhouses in Visakhapatnam by the end of 2019. Mr. Ghosh said that the company is looking to tap the tourism potential of not just Visakhapatnam but the whole of Andhra Pradesh. He also added that they aim at creating direct and indirect employment opportunities for 5,500 hospitality professionals in Andhra Pradesh.

As informed by Mr. Ghosh, the company has been helping its partners to realise their business goals and increase occupancy and yield. “In the coming year, we aim at strengthening these partnerships and supporting the state’s vision while continuously creating and delivering outstanding opportunities for business growth, fostering all-round socio-economic development for the State and its people,” he was quoted as saying.

OYO currently has 1,950 rooms in 100 hotels in Visakhapatnam whereas it manages about 6,300 rooms in 289 hotels across the State.

Tags: Andhra Pradeshbusinessoyo roomsvisakhapatnamvizagvizag news
Share198Tweet67SendShareSend

Related Posts

18th JCI Vizag Special Olympics to begin on 21 August
News/City Updates

18th JCI Vizag Special Olympics to begin on 21 August

19/08/2022
World Photography Day: Famous family of Vizag photographers
Heritage

World Photography Day: A family of photographers who captured the history of Vizag

19/08/2022
India’s first Composite Indoor Shooting Range opened in Vizag   
News/City Updates

India’s first Composite Indoor Shooting Range opened in Vizag   

19/08/2022
Vizag is similar to Malacca, says Malaysian Tourism Minister in roadshow
News/City Updates

Vizag is similar to Malacca, says Malaysian Tourism Minister in roadshow

18/08/2022
Load More

Discussion about this post

Popular Posts

  • Top 8 Malayalam movies on Amazon Prime Video you must watch

    8 brilliant Malayalam movies you must watch on Amazon Prime Video

    33975 shares
    Share 13590 Tweet 8494
  • 7 movies releasing on OTTs this week of June to keep you entertained

    21696 shares
    Share 8678 Tweet 5424
  • Bigg Boss 4 Telugu: Voting numbers of contestants nominated for elimination in fourth week

    16879 shares
    Share 6751 Tweet 4220
  • Former TTD head priest Srinivasa Deekshitulu passes away due to COVID-19

    15292 shares
    Share 6117 Tweet 3823
  • 10 Indian web series on Amazon Prime, Netflix and other OTTs that you must watch

    14447 shares
    Share 5788 Tweet 3608
Vizag

With a distinction of being the oldest lifestyle magazine in Andhra Pradesh, Yo! Vizag has been catering engaging content to its readers for the past 10 years. From covering various happenings in the city to providing entertaining content, we keep our followers hooked day in and day out. Stay tuned to Yo! Vizag to get your daily capsule of news and entertainment.

  • Contact Us
  • Privacy Policy
  • Disclaimer

Recent Posts

City Police nab serial killer in Pendurthi, Visakhapatnam 

Visakhapatnam City Police nab serial killer in Pendurthi  

by Team Yo! Vizag
17/08/2022
0

...

Visakhapatnam: 4 involved in multiple robbery cases nabbed, 24 mobiles recovered

Visakhapatnam: 4 involved in multiple robbery cases nabbed, 24 mobiles recovered

by Team Yo! Vizag
17/08/2022
0

...

Mirchi RJ Indu reviews major movie releases from previous week of August

Laal Singh Chaddha, Karthikeya 2 review: Mirchi RJ Indu shares her thoughts

by Team Yo! Vizag
16/08/2022
0

...

© 2020 DSA Media Publications - Brewed with ♥ by ideafirst

No Result
View All Result
  • Magazine
  • News
  • People
  • Food & Drink
  • Opinion
  • Entertainment
  • Lifestyle
  • More
    • Covid-19
      • Important Helpline Numbers
      • Hospitals in Vizag
      • Donate Plasma
    • Heritage
    • Travel
    • Beauty & Wellness
    • Behind The Name – Vizag
    • Buddhist Sites In Vizag
    • Places To See In Vizag
    • Religious Places
    • Beach in
    • Vintage Vizag
    • Visakhapatnam Pincode
    • Vizianagaram Pincode List
  • Join Now

© 2020 Yo Vizag - Brewed with ♥ by ideafirst.

Vizag