In light of the Coronavirus (COVID-19) outbreak now spreading to more than 80 countries and territories and impacting thousands of people and putting millions of others at risk, OYO Hotels & Homes has today issued an advisory to its global employees. OYO is continuously monitoring the situation, as health and ...
We are pleased to share that OYO has recorded strong growth in its corporate bookings. The company’s corporate channel witnessed an 80% increase in revenue on a y-o-y basis. Today, OYO’s corporate channel contributes to over 30% of the hospitality company’s total revenues and is the trusted accommodation option for over 8,400 ...
We are deeply saddened by the incident that led to the loss of a life at one of the properties under OYO. The matter is being investigated by the regulatory authorities and we are extending all possible cooperation. Having said that, we are not going to be limited by what the mandatory regulatory procedures require us to ...
With constant support from our hotel owners, we have successfully established ourselves as India and South Asia’s largest, China’s second-largest, the world’s third-largest, and fastest-growing chain of hotels, homes, managed living, and workspaces. We have thus created accessible and affordable living spaces for millions of ...
Business Model Innovations: Going above and beyond With our innovative business model, we are creating quality accommodation for over 3.2 billion middle-income people in the world. We have brought about a positive change in fragmented and unorganized markets where there is a huge gap between demand and supply of good ...
Delivering on our commitment to support our hotel owners to succeed and achieve high levels of customer satisfaction, we have already disbursed more than 45 crores as part of the recently launched Cash in Bank initiative. Through this initiative, we offer our hotel owners an easy-to-avail, hassle-free and collateral-free trade ...