Oravel Stays (OYO Rooms) Unlisted Shares
Oyo parent Oravel Stays plans to open 25 premium hotels this fiscal
The Ecoonomic Times
2 min read
Oravel Stays to Open 25 New SUNDAY Hotels in Key Cities This Year.
Expert Analysis:
Expansion Plans: OYO's parent company, Oravel Stays, plans to expand its premium portfolio by opening 25 new hotels under the “SUNDAY” brand this fiscal year.
Joint Venture Details: “SUNDAY” Hotels is a partnership between the Softbank Group and Oravel Stays, the parent company of OYO.
Strategic Locations:
Expansion focuses on metropolitan areas such as Gurgaon, Manesar, and Corbett, starting with Gurgaon.
This expansion aligns to grow the brand’s footprint and meet evolving guest needs.
Aditya Sharma, Business Head of Oravel Stays Private Ltd. States that each SUNDAY Hotel location is carefully selected to offer convenient access to business districts, cultural landmarks, and entertainment hubs.
Current Operations: SUNDAY Hotels currently operates three properties in Jaipur, Vadodara, and Chandigarh.
Oravel Stays is expanding its premium SUNDAY Hotels with 25 new openings in key cities, enhancing its strategic presence.
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