Dubai, UAE — Global hospitality technology company OYO has announced 64 percent year on year growth in New Year’s Eve bookings across the GCC (Gulf Cooperation Council) countries.
OYO hotels and homestays in Oman emerged as the top performer for New Year’s Eve bookings in 2023 with 244 percent YOY growth followed by Saudi Arabia with 59 percent and United Arab Emirates with 31 percent growth.
The growth can be attributed to the luxurious and strategic locations of more than 300 serviced apartments and homes at all major destinations in Dubai, Ras al-Khaimah, Sharjah, and Abu Dhabi, OYO said in a statement.
Siniya Island Resorts, a luxurious property in Dubai, was one of the most preferred destinations for new year celebrations.
OYO has also partnered with corporates such as PwC, Damac, Careem, Landmark Group, Site Technology Limited and many others for short term rentals and full year long term rentals in Dubai and Abu Dhabi.
In United Arab Emirates, OYO has more than 25 hotels with brands such as Smart and Capital O. It has become a favorite place for people to celebrate New Year’s Eve for its unique attractions such as fireworks at Burj Khalifa in Dubai and laser display and entertaining performances at Sheikh Zayed Festival in Abu Dhabi.
OYO has a network of over 130 properties including OYO Smart and OYO Homes in Dubai in key regions such as Marina, Business Bay, Jabel Ali, Sports City and Discovery Garden. It has more than 40 hotels in Saudi Arabia in popular tourist destinations such as Riyadh, Jeddah, Mecca, Al Ahsa, Abha and Khobar.
Ankit Tandon, OYO’s CEO Southeast Asia and Middle East, said, “As OYO continues its expansion in the GCC in 2024, travelers can look forward to more accessible, comfortable, and enjoyable stays across the region”.