OYO to launch new UK short-term rental business

OYO has announced the launch of a new premium short- term rental home offering in the UK, called Belvilla by OYO.  The move is in partnership with apartment rental chain, Sojo Stays. Founded in 2019 by James and Stephanie Murphy, it has more than 250 apartments across five UK cities. 

Belvilla will offer a curated collection of homes in prime locations across London, Milton Keynes, Birmingham, Sheffield and Leeds. 

Properties will include “tastefully designed bedrooms, straightforward check-in processes and premium amenities”. 

Gautam Swaroop, CEO of OYO International, said: “The UK presents an exciting opportunity to build on Belvilla’s premium holiday rental experience following our recent Indonesia launch.

“OYO’s years of operating Belvilla holiday homes across Europe has been an invaluable learning experience. The company has taken learnings from managing premium rental properties in diverse European markets and applied them to the UK market by integrating the best global practices with local market insights.”

Puneet Yadav, head of OYO UK, added: “Through our partnership with Sojo Stays, we can provide travellers with high-quality rental homes across major UK cities. By combining Sojo’s curated properties with OYO’s technology and global distribution, we want to offer new experiences for our guests, while unlocking new revenue opportunities for homeowners.”

James Murphy, founder of Sojo Stays, said: “Sojo operates outstanding properties across the UK, which, coupled with OYO’s technology and expertise, will allow us to reach customers from across the globe with the help of OYO’s global reach and network.” 

Founded in 1980, Belvilla by OYO is one of Europe’s leading holiday home rental platforms, with more than 50,000 homes in more than 20 countries across Europe including Austria, Netherlands, Belgium, Germany, France, Italy, Spain. It is now expanding into Asia and the UK.

Belvilla by OYO is part of the European holiday home rental agency OYO Vacation Homes (OVH). OVH operates full-service providers such as Belvilla by OYO and DanCenter and online marketplace like Traum-Ferienwohnungen. 

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