Oyo Hotels & Homes, UAE strongly feels that the recently announced five-year multiple entry visa will prove to be a game-changer for UAE’s vibrant hospitality industry. 

Oyo UAE started getting tourist enquiries from several countries the moment it was announced. As per reports, the holders of the new five-year multiple-entry tourist visa may be allowed to stay for six months at a stretch.

“We have observed a significant increase in the number of both leisure and business visitors since the last quarter of 2019 due to the busy Mice sector in UAE. We are gearing up for the busy months ahead of us leading up to the mega Expo 2020. With this new five-year multiple entry visa rule, we expect a steep increase in tourist arrivals from across the globe. As the country pavilions are being constructed at the Expo site, we expect a large number of business travellers and executives visiting our properties during this phase. This will be followed by a mix of leisure and business travellers as we progress towards the last quarter of 2020,” said Pranav Mehta, country head, Oyo Hotels & Homes, UAE.

Oyo witnessed strong double digit increase in tourist traffic in December 2019, compared to the same period last year. The company expects a higher than expected traffic comprising of business travellers during 2020 due to the upcoming Expo. Oyo Hotels & Homes is South Asia’s largest and the world’s third largest, fastest-growing chain of leased and franchised hotels, homes and living spaces.

“We have seen a rise in numbers with regard to business travellers, particularly from India and China due to the growing trade relationship between UAE and these two Asian nations. At the moment, we are also experiencing a growth in numbers from other GCC countries, Africa, Europe, UK and the US."

To address the needs of the business travellers in 2020, last year we launched our ‘Capital O’ brand in the UAE, aimed purely at the business travellers. Oyo has added two, ‘Capital O’ properties in the UAE. The first Capital O – Action Hotel is located in Ras Al Khaimah and the other is located in the heart of Bur Dubai,” added Mehta.

‘Capital O’ is a collection of premium corporate properties in the Oyo family. They represent the perfect offering for the new age travellers with the functionalities that they look for when it comes to business and leisure stays. These premium hotels are located in prime locations and especially curated to deliver Oyo’s quality-assured experience at an affordable price.

Oyo Hotels & Homes UAE aims to grow its market share and touch 150 hotels by end of 2020 through its globally followed ‘Manchise’ business model. This model combines the best of management contract and franchise agreement. Oyo Hotels & Homes aims to grow its footprint within the two-, three- and four-star hotels by deploying this model in the UAE.

“Dubai is set to attract 25 million visitors in the upcoming years, and these visitors will comprise of a mix of trade and leisure visitors. However, irrespective of the nature of the visitors the city will require quality hotels to accommodate them. We are aiming at increasing our portfolio month-on-month and support the city with this exponentially growing demand,” added Mehta.

Oyo UAE has aggressively expanded its portfolio to a record collection of 4,461 keys in 310 hotels and homes in just a year.  Oyo Hotels & Homes operates within the two-, three- and four-star hotels space in the UAE. The company also hosted over 80 nationalities across its properties in the country since its launch in October last year. The brand aims to be the largest hotel chain in the world by 2023. - TradeArabia News Service