OYO Aims to Add 500 Properties in 2024
Jakarta. Budget hotel operator OYO posted a 30 percent growth with 3,000 properties under its management across Indonesia. Looking ahead, the company aims to add over 500 properties in Indonesia in 2024.
"OYO Indonesia has successfully recorded a 30% growth in 2023 with 3,000 properties in 180 cities across Indonesia. We are confident in continuing to support the government's (tourism) targets by actively expanding and contributing to all our property partners and customers," Hendro Tan, Country Stock and Flow OYO Indonesia said on Friday.
The company is looking to add properties such as Townhouse OAK, Capital O, and Collection O in popular holiday and business destinations like Greater Jakarta, Java, Bali, Sumatera, Kalimantan, and Sulawesi.
The government is aiming for 14.3 million international tourist visits and 1.25 billion domestic tourist trips in 2024.
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