OYO brings Danish brand DanCenter's holiday homes to India
What's the story
Oravel Stays, the parent company of travel tech unicorn OYO, has launched its European holiday home brand DanCenter, in India. The brand was acquired by OYO Vacation Homes in 2019 and has since expanded its presence across Europe significantly. Now, the Indian market will get access to this legacy Danish brand that was founded way back in 1957.
Market entry
DanCenter's initial offerings and future plans in India
DanCenter is making its Indian debut with premium villas as well as apartments in North Goa. The company is also said to be in advanced talks with real estate giant Provident Group. The talks are aimed at launching premium serviced apartments in Goa, thus expanding their property portfolio in the country.
Global presence
A look at DanCenter's European portfolio
DanCenter has a portfolio of 12,000 properties across Denmark, Sweden, Norway, and Germany. The wide range of properties highlights the brand's strong presence in Europe. The entry of DanCenter in the Indian market is a new chapter in its global expansion strategy.