Oyo Las Vegas is now open for business. The new hotel brand replaces the Hooters Hotel and Casino. For years, this property has been a relative bargain for its location next to the Tropicana and across the street from MGM Grand.
The proximity to the Vegas Strip and inexpensive price point relative to the nearby competition has made this a popular property for low rollers looking to keep expenses down for their Vegas vacation.
Oyo Does Vegas
What’s an Oyo? Well, Oyo Hotels & Homes is the world’s third-largest and fastest-growing hotel chain. Oyo partnered with Highgate (a hospitality management company) to create its first key flagship property in Las Vegas. The former Hooters and San Remo is Oyo’s first Las Vegas property.
“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+ 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 Hotel & Casino offers a tremendous opportunity for Highgate to partner with a visionary company like OYO in one of the world’s most dynamic hospitality markets,” said Neil Luthra, a Principal of Highgate. “We believe OYO’s philosophy of dynamic hotel experiences, combined with our management expertise, will make for a long and successful partnership.
Expect Renovations At Oyo Las Vegas
Oyo Las Vegas has 657 hotel rooms across 19 floors. You should expect to see some changes if you have plans to check out the property this year. Hooters was renovated about 4 years ago but the new operators will give the property a facelift.
Abhinav Sinha, COO, and Partner, OYO Hotels & Homes USA says “We will be undergoing a renovation and will come up with some of the most loved amenities and experiences that are sure to please Las Vegas visitors from around the world. We can’t wait to welcome you to our first hotel in Las Vegas.”
Oyo Hotels started with the belief that a beautifully designed, chic and comfortable living space appeals to everyone. Since then Oyo has innovated and focused on creating lasting experiences. They focus on every part of the property. Design starts with living spaces and event spaces, It continues with exciting food and beverage options and more.
Sinha continued, “I am really excited to announce the commencement of the OYO’s operations in our newest city – Las Vegas. We are excited to be here as we believe Las Vegas is an exciting city in which to invest as the market continues to evolve with projects such as the new Las Vegas Raiders NFL stadium and the $1 billion expansion of the Las Vegas Convention Center.”
Oyo expects the renovations to be completed by the end of the year. You can see a preview of the rooms here.
The casino is a cozy and comfortable 35,000 square feet. For reference, this is less than 20% the size of the massive casino across the street at MGM Grand. Paragon Gaming will continue to operate the casino while Highgate will assume management of the hotel.
“We’ve had great success managing the Hooter’s casino and look forward to continuing on as the Casino Manager and partnering with Highgate to introduce OYO’s hotel brand in Las Vegas,” said Diana Bennett, Paragon Gaming Chairwoman.
William Hill will continue to operate the sportsbook at Oyo Las Vegas.
Oyo has a new rewards club. You can find information here and sign up online here.
Marc Meltzer covers Las Vegas, gaming and men’s lifestyle for various outlets. Check out his blog at Edge Vegas.