oyo business model

OYO’s earlier strategy was to book hotel rooms in bulk and provide them to customers with high standards but at a low price. Now, what are you planning to do by running a pilot test in Malaysia?

The way OYO Rooms operates is different from OTAs since they focus on co-branding.

Well, unless you don’t trust OYO anymore due to a bad experience yourself or after reading some horrible reviews online of customers being stranded on roads in nights despite booking in advance with OYO Rooms. I haven’t spoken to this hotel but, as you can see in the photos as well, it is the same property that is listed on OYO Rooms. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. Is my projection not having any merits? It is true that you can bind customers by providing them good service but if are thinking to increase the cost of service, you might lose more than 50% of them.

The company has set a target of having 2.5 million rooms by 2023. I don’t know why but I have the feeling. How Pathao App became successful in short span .

And this business model was in 2018 and now there’s a slight change. @Gopal – My calculation is based upon publicly available data. OYO is growing at a very high pace in Asia. The benefit to the hotel owner was that they got bulk booking of rooms in advance. With its shatterproof trials it has now become an abode to 450,000 rooms globally operating in over 500 cities in India, Malaysia, China, Nepal, the United Arab Emirates, the United Kingdom,  Indonesia, Saudi Arabia, the Philippines & Japan. I enjoyed the initial parties as a guest. But, let’s be generous and assume they at least have half of that, 22,500, rooms under their belly. OYO used to book the rooms of the hotel in advance from the hotel owner in bulk. Your email address will not be published. Ritesh also became the youngest speaker in the panel of Think EDU panel in 2014.

Thanks ! With the aggregator business model, what Oyo Rooms does is they partner with different hotels across the country to provide rooms to the customers under their own brand. Around 90% of small unorganized hostels were operating in the country freely. Let’s know what does the aggregator business model mean and how it works? They are worried about the unsold rooms with them now, so when a customer comes in directly, it is a no-brainer that many of these hotels try to sell their unsold rooms first to them even if they have to match the dart cheap pricing provided by OYO. Technology: Oyo has made hotel booking very easy and hassles free. Is OYO Rooms publishing fake numbers to project growth? Indian market is different and Indian consumer psyche is unique. The OYO Business Model is with some twist with Aggregator business model. Could it be the case that this is happening because a portion of the traffic is shifting to the app based platform (there was a significant push towards the app platform)? Especially since OYO Rooms does not own any of these properties? Im curious, is Treebo in the same boat as Oyo? The bookings are made through the website and mobile application. OYO Wizard is a benefit membership program that aims to deepen and strengthen customer relationships by providing highly-rated hotels to loyal guests at the best price and high discount coupons. The reason why Indian market is not a pigeon hole is you will get thousands  or lakhs of services working under the same domain. 1100. Firstly thanks for this informative article.

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