We are ecstatic to announce the arrival of OYO Home in vibrant Malaysia, an extraordinary juxtaposition of dazzling skyscrapers as well as colonial architecture. We aim to extend our offering across the most-loved travel destinations in the country, including Kuala Lumpur, Selangor, Melaka, Penang, Kedah and Johor in the upcoming months. With OYO Home, we are combining our existing on-ground operations, hospitality, technological expertise,, housekeeping skills, revenue management algorithms and distribution prowess to deliver a hassle-free solution to home-owners. We are a trusted partner of many homeowners and work with them to upcycle their current space and establish functional aesthetics to make these homes beautiful and comfortable. With this we also intend to focus on locked and unused homes across top holiday destinations and globally where we have over 125,000 holiday homes under multiple brands like OYO Home, Belvilla, Danland, Dancenter and Traum-Ferienwohnungen.
Since our foray into Malaysia, we continue to expand our presence across the country and recently achieved a significant milestone of growing our chain to 10,000+ rooms in 300+ hotels across 40+ cities. Travellers can find an OYO across Kuala Lumpur, Penang, Kota Kinabalu, Kuching, Kelantan, Kuala Terengganu, Langkawi, Ipoh, Kota Bharu, Johor Bahru, and Malacca among other cities and towns in Malaysia. With OYO Home, we offer homeowners in Malaysia a fully-managed service for their second homes, including management of day-to-day operations & guest check-in/check-out fulfilment while maintaining the infrastructure and ensuring discovery by listing them across its strong distribution channels.
Commenting on the development, Tan Ming Luk, Country Head – OYO Malaysia, said, ‘’At OYO, we are working towards creating quality and chic living spaces and continuing our journey towards this mission in Malaysia, we are pleased to offer fully-managed homes to travellers. What we are attempting with OYO Home guarantees unique experience for our guests and higher yields for homeowners. Malaysia offers a huge market opportunity and travellers visiting the country are keen to explore the comforts a fully-managed holiday home. There’s a huge untapped opportunity in this space and we are utilizing our strong capabilities combining design, hospitality, technological expertise, financial acumen and operational capabilities to fully utilize it and make OYO Home the preferred choice of guests.’’
He further added, ‘’Homeowners in Malaysia have shown great enthusiasm towards OYO Home and we are witnessing a lot of interest among our patrons. Travellers trust our brand and we are already known for pioneering effective solutions tailored to their needs, and OYO Home is designed to do exactly that. We look forward to strengthening our footprint across the country with a diverse portfolio, dedicated team of OYOpreneurs and relentless commitments towards delivering an exceptional customer experience.’’.
Through an integrated technology system and capabilities ranging across operations, transformation and renovation and onboarding, we help asset owners in increasing the occupancy of their hotels and homes while delivering quality-assured and standardized stay for guests. Every asset owner gets access to our advanced technology, allowing hotel owners and managers to gain full control in their daily operations, reduce costs, achieve staff efficiency and save time.
With OYO Homes, travellers now have access to beautiful private homes in great locations right from large villas to apartments making the perfect haven for staycations. In a brief period of time, over 1,000 homeowners in Malaysia have trusted us as their preferred choice of home management service. We are managing beautiful, fully-managed homes in important hubs like Kuala Lumpur, Penang, Johor, Kedah and Melaka.