LAS VEGAS—OYO Hotels & Homes has partnered with Highgate to create its first key flagship property in Las Vegas, OYO’s first property in this city—OYO Hotel & Casino Las Vegas.
Located near the corner of the famed Las Vegas Strip on Tropicana, OYO Hotel & Casino provides 657 rooms across 19 floors and a 35,000-sq.-ft. casino. Previously, the property operated as Hooters Casino Hotel. Additional amenities include two signature restaurants, four bars, a fitness center, and an outdoor pool. The property will undergo a transformation to be completed this year. Highgate will assume management of the hotel, and Paragon Gaming will continue to operate the casino.
“… As we continue to focus on bringing to life our popular concept of ‘comfort design’ and delivering chic hospitality experiences, we are increasingly exploring new ways to connect with our customers, from millennials to young executives and families, in every city we enter. With our newest hotel in Las Vegas, we are furthering our commitment to enable our guests to experience #Livingthegoodlife, and are certain we will become their preferred place to stay and
truly enjoy Las Vegas in the coming months,” said Abhinav Sinha, COO/partner, OYO Hotels & Homes USA. “We will be undergoing a renovation and will come up with some of the most loved amenities and experiences that are sure to Las Vegas visitors from around the world. We can’t wait to welcome you to our first hotel in Las Vegas.”
“Earlier in June, we announced our plan to invest $300 million in the U.S. As a new-age hospitality company, we currently offer great living spaces throughout our 112-plus OYO Hotels in more than 60 cities and 21 states. With our newest hotel in Las Vegas, we are excited to cater to a completely different audience segment and are certain that this will be the perfect start to OYO’s journey in Las Vegas,” said Ritesh Agarwal, founder/CEO, OYO Hotels & Homes.
OYO Hotels has attracted some of the world’s leading investors, including Airbnb, SoftBank Vision Fund, Lightspeed Venture Partners, Greenoaks Capital, Sequoia India, and Hero Enterprise. The company is increasingly evolving into a real estate service platform with a one million-plus room under its management, globally.