OYO Hotels & Homes, the fast-growing India-based hotel
brand that recently
announced a $300 million investment into the U.S. market, launched
in Vietnam, with more than 90 franchised hotels and 1,500 rooms across six
cities. The company also is investing more than $50 million over the next few
years in the country to transform its hospitality landscape and create
quality affordable accommodations, according to OYO. "Vietnam is an important market for us in
Southeast Asia," said OYO Vietnam country head Dushyant Dwibedy. "We
aim to grow to 10 cities and 20,000 rooms by 2020-end, while becoming a
household name for both local and international travelers in Vietnam."