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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
11-Feb-2025 🏨 Oyo invests $10m in US-based G6 Hospitality’s digital assets
  • Oyo invests ₹86.6 crores in G6 Hospitality.
  • Focus on enhancing Motel 6 website and app.
10-Feb-2025 📊 Oyo reports $20m Q3 profit, 31% revenue growth
  • Oyo reports ₹166 crore profit in Q3 FY25.
  • Revenue rises 31% to ₹1,695 crore year-on-year.
04-Feb-2025 🏨 Oyo to invest $60m in premium UK hotels
  • OYO plans $60M investment in premium hotels
  • Targeting 1,000 jobs and 40+ hotels by year-end
28-Jan-2025 💼 Oyo-backed coworking space raises $12.7m for expansion
  • Innov8 raises ₹110 crore in new funding round
  • Backed by Oyo, valued at ₹1,000 crore now
20-Jan-2025 📈 Oyo set to file IPO by Q1 FY25: sources
  • Oyo plans IPO with draft filing by Q1 FY25
  • First-ever profit reported as company reworks shares

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