OYO Rooms is India's largest hotel brand that provides standardized and affordable accommodation across the country. It has grown rapidly from operating 11 rooms in 2013 to over 40,000 rooms in 2015 across 150 cities. OYO aims to transform the hospitality industry by offering consistent quality and service at affordable prices through technology-driven standardization and operations. It has raised $125 million from investors and aims to become the world's largest hotel chain.
The Business Model of OYO ROOMS. The conventional way of business occurring in the hospitality industry, problems faced by the consumers. The type of business model used by OYO ROOMS and their REVENUE MODEL.
The Business Model of OYO ROOMS. The conventional way of business occurring in the hospitality industry, problems faced by the consumers. The type of business model used by OYO ROOMS and their REVENUE MODEL.
This presentation was given during the AGBA conference IIT Delhi.It talks about OYO business strategy ,Oyo latest developments till 2019 and oyo different ventures - Including Oyo home,Oyo life,Oyo designing with MIT etc
This is the presentation on OYO Generic Strategy, which is helpful to understand how the strategy will play an important role in the corporate world, and strategy is treated as an umbrella of the whole business model.
its all about the success story of Ritesh Agarwal who is the owner of the oyo rooms. It include the skills which are essential for the successful entrepreneurship
A PPT showing the growth of a entrepreneur, from a single room booking to becoming INDIA's largest Budget hotel room inventory holder, larger then TATA group.How A graduation dropout became the largest intangible hotel providing high quality service at lowest price.
This presentation was given during the AGBA conference IIT Delhi.It talks about OYO business strategy ,Oyo latest developments till 2019 and oyo different ventures - Including Oyo home,Oyo life,Oyo designing with MIT etc
This is the presentation on OYO Generic Strategy, which is helpful to understand how the strategy will play an important role in the corporate world, and strategy is treated as an umbrella of the whole business model.
its all about the success story of Ritesh Agarwal who is the owner of the oyo rooms. It include the skills which are essential for the successful entrepreneurship
A PPT showing the growth of a entrepreneur, from a single room booking to becoming INDIA's largest Budget hotel room inventory holder, larger then TATA group.How A graduation dropout became the largest intangible hotel providing high quality service at lowest price.
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Ecommerce presntation on oyo
1. AC ROOMS WITH TV | SPOTLESS LINEN | COMPLIMENTARY BREAKFAST | FREE WI-FI |
HYGIENIC WASHROOMS
I N D I A ' S LA R G E S T B R A N D E D N E T W O R K O F H O T E L S
GROUP NO 6
3. Travel Industry Trends
The hotel industry will touch $1.8 billion
by 2016 from a current value of $ 800
Million
- Economic Times, 28th Sept,15
60% of all Hotel Bookings are
done through TravelAgents
-NDTV, 29th Oct, 15
Challenges we see in the market:
Multiple contracts with multiple hotels or OTAs
Multiple points of faliute which OTAs cant control
Ensuring standard customer experience at the same or lesser cost
Last minute bookings, check in & check out procedures
4. Corporate Traveller Trends
Business travel to increase by
15% to US $27 billion in 2016
Around 50% of Revenue of
TMCs comes through Hotels
- DNA India, 27th Sept,15
- TOI, 16th Mar,15
Challenges we see in the market:
Adherence to travel policy
Control in spend
Transparency in reimbursements
Approval process for booking
7. RITESH AGARWAL:
Ritesh is the Founder and CEOat OYO Rooms. He was
selected for the 20 under 20 Thiel Fellowship which
makes him the only Asian to be selected. He started
working early at the age of 13and by 18he was building
OYO Rooms.
The OYOStory
8. AC ROOMS WITH TV | SPOTLESS LINEN | COMPLIMENTARY BREAKFAST | FREE WI-FI |
HYGIENIC WASHROOMS
11. Awards & Accolades
First Asian
Resident to
be backed by
Peter Thiel’s
Foundation
TATAPowered
NEN voted us
India’s Top #25
Companies
Winner of 2013
ET Now
LufthansaAwards
13. We Have Grown Rapidly In The Past 2.5
Years
May 2013
Founded OYO
Rooms, with
Single 11 Room
Hotel
March 2014
11 Properties
in 2 Cities
March 2015
11 Cities
250+
Properties
2,500+ Rooms
Nov 2015
150+ Cities
3,000+ Properties
40,000+ Rooms
Dec 2015
148+ Cities
3,000+ Properties
Projected growth
at 50,000+ Rooms
14. Pan India Inventory of
150Cities,
30,000 Rooms
Check-in across Mumbai,
Delhi, Kolkata, Chennai,
Kerala, Chandigarh and many
more places across India.
Across More Than 150 Cities In India…
17. Free Wi-Fi
Round the
clock room
service
Trained staff
Customer service
team
(24x7 call centre)
Beds with
comfortablespring
mattress
Clean
bathrooms
T
oiletries Spotless linen Complimentary
breakfast
Conferencin
g facility
Travelers Love Us Because We Understand What They Want
19. OYO Rooms
In-Room Amenities
Bath kit | Mattress | Shower
head
Aesthetic Upgrade
Decal & lamps | Dollops &
boards
Photography & CRS
Property made live through
visuals & CRS activation
20. Parameters Standard Premium Elite Apartments
Star Category: -
Stay Description No Frills,
Standardized Stay
Premium Ambience &
Experience
Luxurious Ambience &
Experience
Functional Stays with
Home – like feel.
Price Band: `999 ` 1,600 - `3,500 > ` 3,500 ` 1,200 - `2,400
No of Properties: 1831 1032 43 154
Ideal For Young business travelers
and Entrepreneurs
Value seeking couples &
Mid-Senior Corporates
Experience seekers &
Corporate Executives
Living away from home
temporarily
The OYO Family
24. OYO Eco-System
PRODUCT
DEVELOPMENT
100+ Engineers from top
tier colleges building new
technologies everyday
BRANDING &
COMMUNICATIONS
Brand building
through online &
offline media
BUSINESS
DEVELOPMENT
Property
identification,
contractual
formalities
DEMAND
Dedicated teams to
put more heads in
beds
RESERVATIONS &
CUSTOMER
EXPERIENCE
Dedicated in house
call center
FINANCE
Invoices, payments,
reconciliation
CITY OPERATIONS
Accounts
reconciliation, property
maintenance, handling
escalations
26. E-Commerce and OYO
B2B Portal
Central System with Access to Oyo Inventory for Direct
Bookings.
24x7 Call Centre/Dedicated Account Manager
500+ members in the customer support team,
Relationship managers provide full-time support.
Customer Feedback
Extensive customer feedback collected via App & online
channels. Regular reporting & process improvements.
Tablets
OYO’s tablets provided to each hotel owner to manage
inventory and customer check in/check out.
OYO MOBILE APP
27. E-Commerce and OYO
Oyo Rooms Launches Oyo
Bazar, A Marketplace For
Hotel Essentials
OYO ties up with Chinese
e-commerce platform
Meituan to drive traffic
30. AC ROOMS WITH TV | SPOTLESS LINEN | COMPLIMENTARY BREAKFAST | FREE WI-FI |
HYGIENIC WASHROOMS
Conclusion
The rise of OYO room is that the country is going to
increase the demand of the hotels as compare to
the competitors. The company is trying to increase
the customer by giving comfort zone at a place.The
growth of the company is increasing by providing
the rooms in the less price and a good place by
using an Ecommerce platform.
31. AC ROOMS WITH TV | SPOTLESS LINEN | COMPLIMENTARY BREAKFAST | FREE WI-FI |
HYGIENIC WASHROOMS
Refrences
https://www.oyorooms.com/officialoyoblog/
https://www.oyorooms.com/
https://www.entrepreneur.com/article/326623
https://www.comparably.com/companies/oyo-
rooms https://www.businesstoday.in/
https://www.indianpeopletimes.com/
https://yourstory.com/
https://www.ambiguousit.com/
https://craft.co/oyo-rooms/competitors
32. AC ROOMS WITH TV | SPOTLESS LINEN | COMPLIMENTARY BREAKFAST | FREE WI-FI |
HYGIENIC WASHROOMS
THAN
K
YOU
SAMARTH PATEL
DEVENDRA TIWARI
MITALI PATEL
HARSHIT SAXENA
JAHANVI SHARMA
RAJAT MAHESHWARI
NIDHI PATEL
18BBA48
18BBA65
18BBA38
18BBA49
18BBA15
18BBA44
18BBA40