OYO checks into UAE, targets 12,000 rooms across 7 Emirates in two years

Firm has made 1,100 rooms operational in three of the seven Emirates including Dubai, Sharjah

SoftBank-backed Indian budget hospitality brand OYO has found its sixth international market, the United Arab Emirates (UAE). The company has made about 1,100 rooms operational in three of the seven Emirates, including Dubai and Sharjah. 

The five-year old start-up, which recently raised $1 billion from investors including SoftBank, plans to have 12,000 rooms in the UAE by 2020, which also coincides with the World Expo 2020 being held in Dubai. 

OYO has been doing pilots in the UAE for the last few months, and officially launched the brand on Saturday. Besides India, its biggest market, OYO now operates in China,