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OYO targets 12,000 rooms in Chennai by this fiscal; aims at strong network

India's largest hotel network OYO has briskly expanded presence in Chennai since its launch in March 2015. The Chennai Hub currently enjoys a strong network of nearly 9000 rooms in 550 hotels providing standardized and affordable accommodation to travelers.

These hotels are located across major business and tourist-friendly locations in the city, including Egmore, T. Nagar, Pallavaram, Thiruvanmiyur and Anna Nagar. Chennai hotels such as Bell Hotel, Maaris Grand and Sai Bala Grand have witnessed a growth of over 75 percent in their average occupancy rate after partnering with OYO. ?We are very happy with the response to our offerings in Chennai. OYO's strong performance here is driven by our focus on delivering convenient access and superior guest experience. The hotel market here has the potential to expand further.

We are exploring partnerships with hotels that are willing to be transformed to OYO standards and come onto our platform' said founder and CEO OYO, Ritesh Agarwal.