OYO reinforces its high end portfolio in Dubai by opening its very first high-end hotel

The Palette Royal Reflections Hotel and Spa uses 100 spaces along with a fitness center, swimming pool and dining choices. The opening belongs to the business's continuous efforts to reinforce its international existence, especially in the Middle East. OYO presently runs over 700 residential or commercial properties in the UAE, of which more than 200 remain in Dubai, showing its strong grip in the area.

OYO expects a substantial boost in the variety of Indian travelers in 2024, following the relaxation of visa policies for Indian people previously this year. “OYO anticipates more than one million Indian travelers to check out Dubai this year,” the business stated. “Dubai has actually long been a preferred location for Indian visitors, thanks to its high-end shopping, spectacular architecture and dynamic culture.”

“We have actually seen a boost in the variety of Indian travelers looking for high-end lodging in the area. OYO prepares to deal with the requirements of travelers going to Dubai through this effort.” – Nitin Gupta, Business Head for OYO in the Middle East

India is the biggest market for tourist in Dubai, with 11.9 million visitors in 2023, followed by Saudi Arabia (6.7 million) and the UK (5.9 million). With the launch of this high-end hotel, OYO wishes to draw in much more Indian travelers and fulfill their requirements for top-of-the-range lodging.

This tactical growth comes as the business gets ready for its IPO, aiming to enhance its portfolio of high-end residential or commercial properties worldwide.