OYO Hotels and Homes, India’s largest hospitality company is considering expansion to several cities in the Philippines including Cagayan de Oro City as part of its plan to gain foothold in the country’s hospitality industry.

Based on an article at Businessworld, the company during its recent media launch at Bonifacio Global City stated it is looking for partner hotels in several key cities to adopt the Oyo brand name. It currently has over 500 rooms in 21 franchised and leased hotels in Metro Manila, Tagaytay, and Cebu.

The company said it will be investing $50 million for its rapid expansion in the country.

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