Prism Expands UK Portfolio by Adding 40 Hotels, Aims for Premium Market Before Planned IPO
🏨 Prism, the parent company of OYO, expanded its UK portfolio by adding 40 hotels under the Sunday Hotels and Belvilla brands. Through leasehold and long-term agreements, the expansion includes 16 Sunday Hotels and 24 Belvilla boutique hotels. The company reported a revenue increase to ₹6,940 crore (£537.2m) in the first nine months of FY26, with a 123% rise in EBITDA. Prism aims to raise ₹6,500 crore (£503m) through an IPO to repay debts.
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