ONYX Hospitality Group signed a deal with UK-based YOO Hotels & Resorts to further develop YOO Collection and Yoo2 hotels across Asia.
ONYX Hospitality Group will grow the two YOO brands across locations in the Asia Pacific region, helping in the further development of the YOO Collection and Yoo2 brands. The first YOO Asia hotels will be in Phuket and Bali. Both are scheduled to open in 2019.
YOO is a global design brand that specialises in property and hotel developments worldwide. The YOO brand was founded by leading property developer John Hitchcox and international designer Philippe Starck with a vision to enrich lives with exciting living spaces.
Douglas Martell, President & CEO, ONYX Hospitality Group, said: "As we continue expanding the reach of the ONYX Hospitality Group portfolio and entering new market segments and new destinations, we are excited to be in partnership with YOO Hotels & Resorts to grow our footprint in the lifestyle hotels segment. We look forward to a mutual exchange of unique strengths, including YOO's design-led philosophy and our regional management expertise."
John Hitchcox, Chairman of the YOO Group, said: "We are very excited about this partnership between YOO Hotels & Resorts and ONYX Hospitality Group as it has created the perfect platform for operational excellence and growth of the YOO brands across Asia Pacific. This expansion opportunity in some of the world's fastest growing hotel markets will ensure that even more travellers will soon be able to experience YOO's unique designs and guest experiences."