![]() The portfolio combines fully operated real estate comprising of more than 23,000 hotels and 125,000 vacation homes. “With our newest hotel in Las Vegas, we are excited to cater to a completely different audience segment," said Ritesh Agarwal, founder and chief executive, OYO Hotels and Homes.įounded in 2013, OYO Hotels & Homes is the world’s third-largest chain of hotels, homes, managed living and workspaces. ![]() ![]() Currently, there it has over 112 Oyo Hotels in more than 60 cities and 21 states in the U.S. As we continue to focus on bringing to life our popular concept of ‘comfort design’ and delivering chic hospitality experiences, we are increasingly exploring new ways to connect with our customers, from millennials, to young executives and families, in every city we enter," said Abhinav Sinha, chief operating officer and OYO Hotels and Homes USA.Įarlier in June, Oyo had announced its plan to invest $300 million in the U.S. “We believe Las Vegas is an exciting city in which to invest as the market continues to evolve with projects such as the new Las Vegas Raiders NFL stadium and the $1 billion expansion of the Las Vegas Convention Center. Highgate will assume management of the hotel, and Paragon Gaming will continue to operate the casino, Oyo said.
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