*Oyo to Put £50m to Expand UK Premium Wares* ✅ Oyo announced it plans to invest £50 million in the UK over the next three years, primarily to focus on expanding its premium hotel portfolio in the country. This investment is expected to support 1000 direct and indirect jobs over the next three years and attract more international travellers, contributing 'significantly' to the local hospitality sector. ✅ Oyo is actively pursuing premiumisation of its UK portfolio through a ‘multi-pronged approach’. The company is pivoting towards premium inventory acquisition, focusing on securing long-term leasehold and management contracts. It is in advanced stage discussions with several large hotel chains and real estate companies for potential asset management transaction. _Source: Economic Times_ _(5 Feb 2025)_ 🔖 To catch the Oyo Buzz, check *Unlisted Insights* on our web: https://investolane.in/oyo