Skip to content

Search

Latest Stories

Oravel to add 100 SUNDAY Hotels by FY26

The initiative is part of Oravel’s global premium hotel expansion

Luxury SUNDAY Hotel, part of Oravel Stays’ 2026 goal of 100 global properties

OYO’s parent Oravel Stays plans to open 100 SUNDAY Hotels globally by fiscal year 2026, up from 30 hotels across 10 countries since its launch in May 2023. Pictured is the Sunday Hotel Vadodara in Vadodara, Gujarat.

Photo credit: OYO

SUNDAY Hotels Sets Sights on 100 Global Properties

ORAVEL STAYS, OYO'S parent company, plans to expand its premium brand, SUNDAY Hotels, to 100 properties globally by fiscal year 2026, according to a PTI report. The four- and five-star brand, launched in May 2023 as a SoftBank-Oravel Stays joint venture, has expanded to 10 countries with 30 hotels.

The brand is present in India, the UK, Saudi Arabia, the UAE, Bahrain, Indonesia, Malaysia, Thailand, the Philippines and Vietnam.


The initiative is part of Oravel’s strategy to grow its premium hotel footprint globally, PTI reported, citing a spokesperson. "There are 30 SUNDAY Collection hotels already open across 10 countries, including India, and the company plans to ramp up expansion in FY26, targeting 100 hotels," the spokesperson said.

Sunday Hotels debuted in India in Jaipur, Rajasthan, followed by expansions into key business and leisure destinations, including Vadodara, Gujarat, Chandigarh, Punjab, and Gurugram, Haryana. Currently, Oravel Stays operates 13 SUNDAY Hotels across India. Initially focused on non-metro cities, it now plans to expand into metro areas.

SUNDAY Hotels' global expansion began last August with SUNDAY Holiday International Hotel in Dubai, followed by SUNDAY Lansbury Heritage Hotel in the UK. "The rapid expansion of SUNDAY Hotels across key markets has been driven by strong consumer demand and strategic partnerships," the spokesperson told PTI.

SoftBank is Oyo’s largest shareholder with a 46.62 percent stake, while founder Ritesh Agarwal owns 33.15 percent.

In February, OYO announced a $62 million, three-year investment to expand its premium UK portfolio, adding 1,000 jobs through acquisitions and long-term leases.

Oravel Stays completed its $525 million acquisition of G6 Hospitality from Blackstone Real Estate in December. G6 Hospitality also launched a franchisee engagement initiative earlier this year and plans to host over 15 regional meetings nationwide by year-end.

Founded in India in 2012 by Agarwal, Oyo expanded domestically before entering Europe, the U.S., and the Americas in 2019.

More for you

PRISM Simplifies Bonus Structure to Support All Shareholders

PRISM to simplify its bonus structure

Summary:

  • PRISM will introduce a bonus structure for all shareholders.
  • The move reflects PRISM’s commitment to governance and long-term shareholder value.
  • The company is withdrawing its previous resolution and will submit a unified proposal.

OYO’S PARENT PRISM will introduce a simplified bonus structure that includes all shareholders, including equity and CCPS holders, regardless of holding size, ensuring equal participation and transparency. The company is withdrawing its previous resolution before the board of directors and will present a unified proposal for approval.

The decision reflects PRISM’s commitment to governance, fairness and long-term value for all shareholders, the company said in a statement.

Keep ReadingShow less