OYO, the globally renowned hospitality technology company, has announced a remarkable 64% year-over-year increase in its New Year’s Eve bookings across the Gulf Cooperation Council (GCC) countries, showcasing its expanding influence in the region. Oman has emerged as the top contributor to this growth, witnessing a 244% surge in hotel bookings. This impressive performance is followed by Saudi Arabia and the United Arab Emirates, with a 59% and 31% increase in bookings respectively.
The surge in bookings across OYO’s network in the GCC is attributed to its strategic expansion and focus on customer satisfaction. OYO has successfully capitalized on its diverse portfolio of properties, which includes a mix of hotels, homestays, and corporate housings. The company’s properties are strategically located in key areas across the GCC, making them attractive choices for travelers seeking both leisure and business accommodations.
In the United Arab Emirates, OYO’s presence has been bolstered by more than 25 hotels, including popular brands like Smart and Capital O. These hotels have become hotspots for New Year’s Eve festivities, drawing in guests with unique experiences and attractions. Additionally, OYO’s partnerships with leading corporations have strengthened its position in the corporate housing sector, offering a range of amenities and services tailored to business travelers.
The company’s growth in the region is also supported by its network of over 130 properties in Dubai, catering to a diverse clientele, including a significant number of Indian tourists. OYO’s emphasis on providing a blend of modern luxury and affordability has made it a go-to choice for groups and families seeking premium yet cost-effective holiday experiences.
Ankit Tandon, Global Chief Business Officer and CEO Southeast Asia and Middle East at OYO, expressed his views on the growth: “The remarkable increase in our New Year’s Eve bookings in the GCC region underscores our commitment to providing exceptional hospitality experiences. As we continue to expand our presence in these countries, we remain focused on enhancing our offerings and ensuring that OYO is synonymous with quality, affordability, and customer satisfaction.”
This significant growth in the GCC region signifies OYO’s strengthening position as a leading hospitality provider, catering to the evolving needs of modern travelers. As OYO continues to grow, it is set to redefine the hospitality experience in the region, offering guests a perfect blend of comfort, convenience, and value.