Discuss the real purpose of OYO Rooms – affordable, standardized, and tech-driven stays for travelers. Learn how OYO is helping both travelers and hotel owners in this complete guide
1. What is OYO Rooms?
OYO Rooms is an Indian international hospitality chain of leased and franchised hotels, homes, and living spaces. It was founded by Ritesh Argarwal in 2012 with headquarters in Gurgaon. OYO operates various brands for its properties and services, including OYO Townhouse and OYO Home. OYO offers accommodations from midscale to private homes in different locations. It is also known as OYO Hotels & Homes and is one of the fastest-growing Indian hotel chains. Here is a related search for understanding the concept, history, and success story of OYO Rooms.
2. The purpose of OYO Rooms
For Travelers
• Budget accommodations– OYO rooms offer a wide range of budget-friendly accommodations like super affordable OYO Rooms, townhouses, vocational rentals, flagship hotels, and guest houses with a different range of prices. You can choose OYO accommodations according to your budget. It is not just a budget accommodation but provides comforts and convenience.
• Standardized accommodations – OYO Rooms has standardized rooms with hygienic washrooms, daily housekeeping, outstanding services, Wi-Fi, AC, Geyser, power backup, parking facility, and receptions. The enhanced cleanliness and hospitality of clean hotels make it ideal for all types of travelers.
• Easy booking – Booking OYO Rooms is easy via the website or app. The official website is https://www.oyo.com, from which you can book the OYO rooms with offers and other options. OYO OS app enhances operational efficiency and guest experience. You can download this app from the Google Store.
For the Hotel owner
• Higher visibility – OYO supports hotel owners to succeed higher level of business through their higher visibility through the renowned OYO platform. They do not need to find the customer personally
• Higher occupancy rate – OYO offers its technology support to the owner to book hotels with a high occupancy rate. The app helps owners to reduce costs, increase profitability, and prevent fraud.
• Improving operational practice– OYO assists small hotels in improving their operational practice, but also fosters a mutually beneficial relationship.
For the hospitality industry
• Budget stays – OYO Rooms revolutionized the hospitality industry with innovative marketing strategies, redefining affordable and reliable stays worldwide
• Budget travelers – OYO’s small hotels and properties are making it accessible for middle-class, younger travelers, and budget-tight travelers.
3. How OYO solves the common travel problem
• Options – You can book the OYO Rooms with its options like free cancellation, no pre-payment, pay at the hotel, and even without a credit card. For that, download the OYO apps. Here you will find the guide, how to book OYO rooms near me.
• Affordable prices and deals – The prices of the OYO rooms are affordable, starting from INR 999, with exclusive deals and discounts. Get 5% off on member hotels (Wizard members OYO)
• Categories – OYO provides a wide range of options, like hotels, homes, guesthouses, and townhouses, to homes. You can choose the accommodation according to your budget and requirements.
• OYO is always everywhere – The budget hotels are available in all parts of the world, including India, Indonesia, Malaysia, Denmark, the Netherlands, the UK, and the US. The OYO properties are not only available in large cities but also in small cities
• 24/7 Chat assistance – OYO introduces ‘YO! Help real real-time chat assistance for guest so that seek answers to their queries at any time and any anywhere.
• Standard services – Provide consistent outstanding services, enhanced clean hotels, comfort & convenience across the locations at budget hotel prices
4. OYO – Standardized budget hotel with basic amenities
• 150-point checklist– OYO audits the property thoroughly using its 150-point checklist. Every property of the OYO strictly follows these points to provide an amazing hotel stay experience for the guest. Every property wants to be a part of OYO’s chain, thoroughly audited.
• Basic amenities – The parameters in each room audited are for the basic amenities like free Wi-Fi, breakfast, spotless white bed linen of a certain thread, a clean washroom, and AC rooms. Other than these parameters, you will see more amenities in some hotels are geyser, power backup, reception, elevator, and more.
• Direct to Home connection – OYO also partnered with Bharati Airtel to provide the standardized television set with “Direct-to-Home” connection.
• Full-stack technology – Full-stack technology of OYO helps guests book affordable and trusted accommodation instantly. This technology makes it easy to book OYO Rooms in simple steps.
• Spotless Stay program– The hotel will carefully assess for overall upkeep and maintenance of the property, cleanliness, in-room hygiene, maintenance of the upholstery and linen, and the washroom
5. Quality hotel stays at different places around the world
OYO has more than 43,000 properties across the world, including India. It is the third largest hotel chain by room count, with more than 800 cities.
• From Europe to Asia– OYO provides affordable, comfortable, quality stay accommodations
• Metro cities, India – OYO rooms are available in metro cities like Bangalore, Chennai, Delhi, Gurgaon, Hyderabad
• OYO near me – OYO offers rooms conveniently located near your preferred destinations, such as railway stations, bus stands, and airports.
• Smaller towns – OYO focuses on tier 2 and 3 cities and smaller towns like Gorakhpur, Digha, Warangal, Hathras, Sasaram, and Guntur
6. What is the mission of OYO Rooms?
The mission of OYO rooms is to bring affordable and trusted accommodations that guests can book instantly. By multiplying revenue channels and using technology expertise to maximize revenue, OYO is using technology globally
• To build an online presence across channels
• To reach more guests
• Hassle-free operation
• To build a brand that is loved by all types of travelers
7. OYO Room for everyone
OYO Rooms offers accommodation to all types of guests, from students to budget-conscious families, who can’t afford higher-rate hotels.
• Unmarried couples– Desires privacy and quality. They can select “OYO Welcome Couples” in the filters when booking the hotels
• Age group 20 – 30 years – The target audience of OYO rooms is the young generation age group between 20 to 39 years, looking for budget-conscious and affordability
• Low-income or middle-income families – searching for budget hotels with essential services and affordability
• Students & unprofessional – Those who enjoy travelling, making short plans often alone
8. OYO vs Airbnb: What is the difference?
Both OYO and Airbnb work in the hospitality sector, providing hotels and lodging. But there is a significant difference between the two.
| Specification | Airbnb | OYO |
| Property type | Unique accommodations like apartments, flats, villas, vocational rentals, cabins, beach houses, and more | Hotel and homes |
| No. | 8 million vocational rentals | 3,80,000 rooms |
| Countries | More than 200 | 20 |
| Budget-friendly | No | yes |
| Commission | 3% from host & 6-12% from guest | 22% from the hotel owner |
| Founded in | 2008 | 2013 |
| Prices | Higher | Lower |
| For whom | Family | Budget travellers |
| Payment method | Variety | Variety |
| Technology driven | Yes | Yes |
9. OYO OS Mobile App Technology
OYO OS is a free hotel management app designed for Android devices by OYO. This app is free to download from Google Play. It is emerged as a unique game changer in the hospitality industry. This app helps to reduce costs, increase profitability, prevent fraud, and make operations more efficient while delivering an impeccable guest experience.
Key features of the apps are
• Hotel booking management
• real-time inventory updates
• Guest check-in and check-out process
• Property performance and analysis
• Customer support integration
• Tools for enhancing visibility and sales
10. OYO’s social responsibility
Boosting regional tourism with a boutique stay to support local businesses in the region
Provided 300K room nights for people in need via OYO care, Donate a night, and Vande Bharat
Provided work for many employees, so they are earning
Promoting sustainable tourism in Shimla to become rainwater harvesting compliant
11. Brands of OYO
OYO has developed various brands depending on the affordability, amenities, locations, room types, space, privacy, interiors, and cleanliness. You can choose the brand according to your requirements and budget.
• OYO Rooms- Super affordable stay with amenities
• Townhouse – Your friendly neighbourhood hotel
• Flagship- Affordable hotel at a prime location
• Home- villas and apartments with extra space and privacy
• Capital O – premium hotels with spacious rooms
• Collection O – A space for new age travelers
• Silver keys – Executive apartments with stylish interiors
• Spot on – Budget stays with a comfortable bed and a clean washroom
• Townhouse Oak – A touch of luxury for leisure and business travelers.
12. OYO Room booking benefits
• Get access to the great hotel deals: Save up to 70% on hotel bookings
• Hotel with free cancellation
• No pre-payment or credit card required
• Quick check-in facilities for the customers.
• The specious clean rooms start from INR 999, which is the lowest price among all budget hotel segments, including Treebo and Fab Hotels.
• Quick online hotel booking
• One room for up to 3 guests instantly, even before you arrive
• Unmatched convenience
• safe and secure
• 24/7 support
13. Global platform, largest chain, distinctive business model
• Global platform – OYO is a global platform that empowers entrepreneurs with hotels and homes by providing full-stack technology products and services that increase earnings and ease operations. Now it is offering affordable lodging options across the world. In a short span of time, from one property in Gurgaon, India, in 2014, to 459,000 rooms globally.
• Transforming the hospitality industry– OYO Rooms has revolutionized the hospitality industry through its distinctive business model that focuses on leveraging partnerships with small hotels and properties.
• Largest chain – OYO is the largest affordable hotel chain in the world, with 174,000 hotels & homes in more than 35 countries, including India, Indonesia, Malaysia, Denmark, the US, UK, and the Netherlands. Also, there are other large hotel chains.
14. Technology: The real DNA of OYO
• Wizard membership – Guests are eligible for an exclusive 5% additional instant discount on all their bookings on subscribing to the OYO Wizard membership.
• OYO Wizard Lite – OYO Wizard Lite is the new membership program, in which you can earn Rs. 200 if you book the hotel
• WhatsApp Support – To lodge a successful grievance, you can use WhatsApp Support
• Real-time data analysis – OYO utilizes analytics and data science to identify the right demand and predict the next best action for each user to enhance their experience.
• AI-powered pricing – OYO’s AI-powered pricing engine dynamically adjusts room rates in real-time, ensuring competitive pricing and maximizing revenue for its partners.
15. OYO Rooms safety measures
OYO implemented safety protocols and procedures to give you the confidence to stay in OYO Rooms
Discreet check-in – The unmarried couples will no longer be allowed to check in at the reception counter.
Policy for unmarried couples – The greatest advantage of OYO rooms for unmarried couples is privacy and prioritized
24/7 Desk assistance – All OYO Rooms have 24-hour desk assistance. For any query, you can contact them.
Disinfecting – OYO Rooms have been actively disinfected with alcohol-based cleaner, and maintain social distancing at all times.
16. Future Vision of OYO
• OYO aims to be debt-free by FY26
• Sustainable practice – 100 % hotels within the ecosystem
• Ensuring higher revenue assurance
• Operating on zero-capex model
• Investing in AI and data analytics to improve customer
17. What happened in OYO Rooms?
• A 15-year-old boy died– A 14 – 15-year-old boy died after getting electrocuted at an OYO Rooms hotel in Southeast Delhi.
• OYO fraud – OYO Rooms and its three group companies have been booked for fraud and criminal conspiracy.
• OYO under fire– OYO is under fire from the hotel owners across various markets for unpaid dues and unfavourable contract terms.
• Poor customer service– Cancelled booking, deficient service, and refund delay are some of the problems
• OYO vs Zo Rooms: Zostel won the three-year battle against Oravel Stays, won by OYO
• OYO Rooms scam: Customers get Rs. 2.5 lakh compensation against consumer rights
18. Data and statistics
The listed data changes from time to time
• Daily active users – 3,00,000 (2018)
• Number of hotels – 10,000 (2019)
• Number of rooms – 1 million 92019)
• Number of hotels and homes storefront- 1,57,000 (2022)
• Number of apps downloaded – 100 million (2022)
• Estimated value – $2.7 million
• Number of employees – 2700 (2022)
• Number of countries – 80
• OYO Rooms in Cities – 800
Conclusion
OYO’s mission is to make quality stay affordable, standardized, and accessible globally.
It benefits travelers, hotel owners, and hospitality
Call to action – Try OYO Rooms for your next trip.
FAQ
Q: How has OYO revolutionized the hospitality industry?
Through its distinctive business modes that focus on leveraging small hotels and properties.
Q: How does OYO Rooms work?
OYO Rooms has a website and apps for searching and booking accommodations. With the help of these users can search and book hotels
Q: Why should you choose OYO Rooms?
It offers hotels, homestays, and spaces with top amenities for the customer so that your stay becomes comfortable
Q: Who is the owner of OYO Rooms?
Ritesh Agarwal, Amit Kumar, Anil Goel, and Rohit Kapoor are the owners of OYO Rooms
Q: Who are OYO’s main competitors?
Treebo Hotel. Fab Hotels, Zostels, Booking.com, and Expedia are the main competitors
Q: Does OYO offer Wizard awards?
Yes. OYO offers wizard awards for its member hotels
Q: Full form of OYO?
“On Your Own” is the full form of PYO
Q: How to book OYO Rooms?
OYO Rooms can be booked online through the website or app.
By
Thanks, Nana 🙏