In 2022, the firm added 23% more hotels to its US portfolio than in 2021. Credit: Chastity Cortijo on Unsplash.

India-based hospitality chain Oyo has announced plans to add more than 100 hotels in the US this year.

The current addition is approximately twice the number of hotels launched in the company’s portfolio last year.

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As part of the move, the company plans to add new hotels in Oregon, Texas, Oklahoma, Washington, Florida and Georgia.

Texas remains the largest and fastest expanding market for Oyo in the US, with significant clusters of hotels in Oregon, Florida, South and North Carolina and Georgia, the company claims.

Oyo International CEO Gautam Swaroop said: “Our US operations have seen significant growth in 2022. But 2023 may just be the best year for us.

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“We are taking measures to add hotels in high RevPar leisure markets such as the Pacific Northwest and will also focus on improving our presence along the East Coast.

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“Over 15 hotels have already signed up with us so far in 2023 and we expect to add many more in the coming months.”

The company has recently added a few high-profile hotels including OYO Hotel Renton Bellevue in Seattle, OYO Hotel Tulsa Square in Tulsa, Plaza on the Pike by OYO in Atlantic City and OYO Hotel Hermiston in downtown Oregon.

Oyo US Business Development head Nikhil Heda said: “Last year 35% of our new hotels came from recommendations or referrals by our existing hotel owners, indicating a growing trust in OYO’s demand and revenue generation capabilities.

“We are seeing growing demand coming in from both independent hotels as well as branded properties.”

In 2022, the firm added 23% more hotels to its US portfolio compared to 2021.