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Tue 3 Mar 2020 03:55 PM

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India's OYO strikes multi-hotel deal with Saudi's Al-Hokair Group

Deal will help OYO to add over 500 rooms across 3 and 4 star categories in the kingdom

India's OYO strikes multi-hotel deal with Saudi's Al-Hokair Group

OYO Hotels & Homes currently handles over 18,000 rooms in more than 200 hotels across 22 cities and provinces in Saudi Arabia.

OYO Homes and Hotels, India-based global hospitality major, has announced a multi-hotel partnership deal with the Al-Hokair group of Saudi Arabia, which will help the Indian group to add over 500 rooms across 3 and 4 star categories in the kingdom.

The hotels which will be managed by OYO under the agreement will include MENA Andalusia in Olaya district, Riyadh, MENA Hotel Riyadh, Olaya district, Riyadh, MENA Taif, Abu Baker Street, Taif and MENA Tabuk, Abu Jafar Al Mansur Street, Tabuk.

The four marketing and operational consulting agreements with Al-Hokair Group will help the Indian group in further consolidating and expanding its footprint in the hospitality industry in the Saudi market.

“The mid-range segment in Saudi Arabia holds a lot of promise for us given the rapid growth of the hospitality industry over the last few years,” said Manu Midha, head of Middle East and Africa, OYO.

Saudi Arabia remains a key strategic market for OYO in the GCC, he added.

Clive Smith, director of operations, Al-Hokair group, said: “In line with the changing landscape of the online travel systems, there continues to be an increase in the number of guests booking online and through applications and this agreement will give us an opportunity to offer quality online presence to our international and domestic guests.

“OYO is a brand known and preferred by travelers across the globe and we are confident the hotels will continue to be a huge success in 2020,” Smith added.

OYO Hotels & Homes currently handles over 18,000 rooms in more than 200 hotels across 22 cities and provinces in Saudi Arabia.

The hospitality chain said it had hosted over 50 nationalities across its properties in the country since its launch in January 2019.

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