India-based hospitality technology corporation Oyo has announced plans to add an additional 50 new properties to its portfolio this year in Ayodhya, Uttar Pradesh.
This expansion project will be in collaboration with the Ayodhya Development Authority and Uttar Pradesh State Tourism Development Corporation.
The company added that roughly half of the 50 new properties to be added will be homestays owned by homeowners.
The remaining 25 properties will be small and medium hotels featuring 10 to 20 guestrooms each.
Oyo presently owns five properties in Ayodhya.
Tourist arrivals in Ayodhya have continuously grown over the previous few years.
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Oyo chief merchant officer Anuj Tejpal said: “The company made a robust expansion plan for Ayodhya after multiple rounds of meetings with the government to understand their key requirements and concerns.
“We have started onboarding homestays already. Ayodhya is the top spiritual city in our plans of expanding Oyo footprints across major religious corridors in India.”
Earlier this week, Oyo announced plans to open over 100 hotels in the US this year. The expansion nearly doubles the number of hotels added to the company’s portfolio last year.
The company is considering opening additional hotels in Oregon, Texas, Oklahoma, Washington, Florida and Georgia as a part of the transition.