OYO Hotels and Homes has been awarded the \u2018Market Entrant of the Year\u2019 award at the third annual UK-India Awards in London.\r\n\r\nThe event celebrates the winning partnership between the UK and India with well known figures from the business community. At the awards ceremony, which was attended by over 300 senior global leaders and changemakers across business, technology, innovation, politics, media, arts and culture around the world, OYO was celebrated for its journey and results since expanding into the UK, its first market outside Asia.\r\n\r\nOYO launched in the UK in late 2018, with a commitment to invest \u00a340m in the region. OYO has grown rapidly in the UK and has built a network of hotels representing over 2,000 rooms across 25 cities and towns, including London, Manchester, Edinburgh and Glasgow.\r\n\r\nJeremy Sanders, head of UK at OYO, who collected the award from former cabinet minister Patricia Hewitt, said: \u201cWe are delighted to have been recognised with this award within our first year of UK operations.\r\n\r\n\u201cSix months ago, OYO had a team of 25 and just five hotels in London. Today, we have a team of over 200 OYOpreneurs working with nearly 100 hotels across the UK. This award is a testament to the hard work of our team, and the amazing relations we are building with independent hotels across the country.\u201d\r\n\r\nThe awards celebrate individuals and organisations who use their influence to strengthen the bond between the UK and India and were the culmination of India Inc\u2019s UK-India Week. The week\u2019s programme also included an India Day at the Houses of Parliament and a two-day Leaders\u2019 Summit for business leaders, changemakers and entrepreneurs.\r\n\r\nThe UK-India Awards were judged by an all female panel made up of leaders including Shalni Arora, CEO of Savannah Wisdom and Rt Hon. Patricia Hewitt, Former UK Cabinet Minister.