New age hospitality brand OYO has now opened its hotel brand in Japan and mark its entry into the international market.
The entity is known as OYO Hotels Japan G.K. and the partnership is between OYO Hotels and Homes and SoftBank Corp. and SoftBank Vision Fund. OYO is already rated as the 6th largest hotel chain with properties in India, China and other Asian countries. One of OYO’s founding members, Prasun Choudhary will be the operating partner.
OYO will be responsible for managing the bookings through its app. The company claims its use of latest technology is capable of helping the hospitality industry in Japan. OYO uses latest technology innovations like AI and Machine Learning for predictive analytics led pricing and revenue management and seamless operational expertise.
SoftBank Corp.’s CEO & President Ken Miyauchi has commented that they are delighted to associate with OYO in serving the Japanese market.
OYO also plans to open its housing rental OYO LIFE too in Japan.