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Oyo plans to open 1,000 serviced hotels in Indonesia in 2025
Accommodation provider Oyo plans to open a thousand serviced hotels in Indonesia by the end of 2025.
The new hotels will focus on major urban areas, including Jakarta, Bandung, Surabaya, and Makassar.
Additional cities included in the expansion are Palembang, Bandar Lampung, Bekasi, and Sidoarjo.
Oyo’s serviced hotels are managed properties designed to ensure consistent service. Many of these hotels will fall under Oyo’s premium sub-brands, including Sunday, Townhouse Oak, and Collection O.
Recent Oyo developments
| Timeline |
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11-Feb-2025 🏨 Oyo invests $10m in US-based G6 Hospitality’s digital assets
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10-Feb-2025 📊 Oyo reports $20m Q3 profit, 31% revenue growth
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04-Feb-2025 🏨 Oyo to invest $60m in premium UK hotels
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28-Jan-2025 💼 Oyo-backed coworking space raises $12.7m for expansion
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20-Jan-2025 📈 Oyo set to file IPO by Q1 FY25: sources
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