SlideShare a Scribd company logo
Presented by : Amanjeet singh
INTRODUCTION
• Ritesh Agarwal is the founder and CEO.
• OYO started with one city and one hotel in Gurgaon in January
2013.
• OYO room is India’s largest branded network of hotels.
• It operates in more than 500 cities with 18000 hotels in India.
• Oparetes in more than 80 countries.
• Headquartered and operated by GURGAON HARYANA.
• First started by name of ORAVEL STAYS PVT LTD. In 2012
RITESH AGARWAL
• Ritesh Agarwal born in cuttak, Orissa in the year
1993 on 16 November.
• He was born in a middle class marwari family.
• He dropped out college in 2012 when he was 17
year old for his start-up.
• He started his first venture in2012 and called it
ORAVEL STAYS but it didn’t work for long as he
has to guit ORAVEL.
• He realized the basic necessity of any traveler
which is to find good, affordable and available
hotels to stay.
• He started OYO room in 2013.
OYO: AGGREGATOR BUSINESS MODEL
• OYO Rooms business model was used to be a
hotel aggregator.
• Lease a part of hotel’s inventory beforehand.
• Organize those hotels rooms under their brand
name.
• These partner hotels provide standardized
service to customers of those rooms as it was
decided in a contract with OYO.
• Booking were made through the OYO ROOMS
website and mobile application.
OYO: FRANCHISE BUSINESS MODEL
• The company builts its brand equity.
• The founders decided to pivot it’s business
model to pure franchise business model in
2018.
• The company doesn’t lease the hotel Rooms
anymore, but ask the hotel partner to
operate them as franchise.
• They have partnered with hotels and made
them work with them under their name.
• The company now get 90% of tlits revenue
from hotel under the franchise model.
MARKETING STRATEGY
• To retain its ranking and be a Step ahead of the competitors OYO is
focusing on the mass as well as on digital marketing section
aggressively for lead generation and customer acquisition.
• It is strategically using all means of social media by targeting potential
customers based on their interest, behaviour and other parameters
which are easily available via digital marketing.
• It has strong social media presence on Facebook with over 11 lakh
fans and a Twitter following of over 65000 followers the brand claim
to have over million app downloads with good no number of active
users.
SOCIAL MEDIA
Facebook
• Contest announcement with hastags
such as #Recognize me #OYO Belieber
• Update on new offers.
• Contact number for support and
assistance.
• Response rate is high which is
90%which is better as compared to
competitors.
• Average response per post 50 – 300.
Twitter
• Updates on new offers with eye
grabbing images as well as videos
occasionally.
• Sharing pictures of customers have
used the services .To attract more
customers.
• Using hastags such as #aageseright #
Hello Nepal #Enrout To OYO.
• Highly responsive to customers
queries, feedback and complaints.
PESTEL FRAMEWORK
Political factor
• Starup India, Make in India, Digital India
Economic factor
• Increase in investment for start ups, there startup like OYO became
viable with reduce risk
Social factor
• OYO Rooms was started mainly keeping in mind the middle class
people.
• Requirement of systematic hotels in India.
PESTEL FRAMEWORK
Technology factor
• Introducing the mobile app in both android and O.S platforms.
• Concentrate aggressively on mass and digital marketing.
Legal factor
• OYO has signed MOU with Uttarakhand government.
• OYO has also partnered with Indian Railways to provide budget
accommodation.
Environmental factors
• Use of social media and other advertising platforms.
• Standardized aggregators of budget hotels.
4P’S OF OYO
1. Product: OYO Rooms services are particularly customized for budget
customers, but keeping in mind their basic needs of WiFi, cleanliness,
television and air conditioner.
2. Price: OYO Room’s services are extremely price conscious.
3. Promotion: OYO has been spending its advertising dollars on the digital
domain and has been yielding good results from it. It has Facebook
presence of over 11 lakh fans and a Twitter following over 65000
followers. The brand claim to have over million app downloads with a
good numbers of active users.
4. Place: large part of their audience resides in small towns and city
outskirts . However they also receive huge traffic in metro cities.
SUMMARY
Ritesh Agarwal dropped out college at the age of 17 to start his
business and he started ORAVEL stay in 2012 but it doesn’t work
then he stated oyo Room’s in 2013 .the Oyo used to lease a part of
hotel and organize them under their brand name and provide
booking facilities through mobile aap but in 2018 they start franchise
based model they partnered with hotels and make them work under
their brand . They used social media for marketing very effectively
which give them edge over there competitors to engage more
people they stated campaign on social media . Oyo growing so fast
and today it is expande to more than 80 countries.
OYO Hotels and ROOM .pptx

More Related Content

Similar to OYO Hotels and ROOM .pptx

Oyo cce1
Oyo cce1Oyo cce1
Oyo cce1
Smriti Rastogi
 
Entrepreneurship Management
Entrepreneurship ManagementEntrepreneurship Management
Entrepreneurship Management
Shubham Singh
 
OYO strategy in the Hospitality industry
OYO strategy in the Hospitality industryOYO strategy in the Hospitality industry
OYO strategy in the Hospitality industry
ArjunAppaiahWulwara
 
Oyo rooms ppt
Oyo rooms pptOyo rooms ppt
Abhishek Mallick OYO
Abhishek Mallick OYOAbhishek Mallick OYO
Abhishek Mallick OYO
Abhishek Mallick
 
Ritesh Agarwal founder of OYO Rooms at 23 years
Ritesh Agarwal founder of OYO Rooms at 23 yearsRitesh Agarwal founder of OYO Rooms at 23 years
Ritesh Agarwal founder of OYO Rooms at 23 years
ManjuNath786276
 
OYO Rooms Term Report
OYO Rooms Term ReportOYO Rooms Term Report
OYO Rooms Term Report
AviralJain55
 
123.pptx
123.pptx123.pptx
123.pptx
Souravjassi
 
Oyoslide
OyoslideOyoslide
Oyoslide
Ankita Mishra
 
Oyo
OyoOyo
Oyo Rooms
Oyo RoomsOyo Rooms
Oyo Rooms
KartikWadhwa5
 
Rise of Oyo Rooms
Rise of Oyo RoomsRise of Oyo Rooms
Rise of Oyo Rooms
Rinshi Singh
 
Toxic culture at oyo
Toxic culture at oyoToxic culture at oyo
Toxic culture at oyo
PrekshaGarg3
 
Young Indian Entrepreneurs.
Young Indian Entrepreneurs.Young Indian Entrepreneurs.
Young Indian Entrepreneurs.
Shashidhar Anand
 
A study on B2B Oyo rooms
A study on B2B Oyo roomsA study on B2B Oyo rooms
A study on B2B Oyo rooms
Chahat Jain
 
Oyoroom
OyoroomOyoroom
Oyoroom
Hamsa lekha
 
MARKETING PLAN FOR NEW ANDROID APP
MARKETING PLAN FOR NEW ANDROID APPMARKETING PLAN FOR NEW ANDROID APP
MARKETING PLAN FOR NEW ANDROID APP
Harsh Agarwal
 
Oyo - Greiner growth model
Oyo - Greiner growth modelOyo - Greiner growth model
Oyo - Greiner growth model
Athulya Nair
 
Success story of Ritesh Aggrwal
Success story of Ritesh AggrwalSuccess story of Ritesh Aggrwal
Success story of Ritesh Aggrwal
KishanChauhan39
 
Oyo rooms
Oyo roomsOyo rooms
Oyo rooms
Rajat Sharma
 

Similar to OYO Hotels and ROOM .pptx (20)

Oyo cce1
Oyo cce1Oyo cce1
Oyo cce1
 
Entrepreneurship Management
Entrepreneurship ManagementEntrepreneurship Management
Entrepreneurship Management
 
OYO strategy in the Hospitality industry
OYO strategy in the Hospitality industryOYO strategy in the Hospitality industry
OYO strategy in the Hospitality industry
 
Oyo rooms ppt
Oyo rooms pptOyo rooms ppt
Oyo rooms ppt
 
Abhishek Mallick OYO
Abhishek Mallick OYOAbhishek Mallick OYO
Abhishek Mallick OYO
 
Ritesh Agarwal founder of OYO Rooms at 23 years
Ritesh Agarwal founder of OYO Rooms at 23 yearsRitesh Agarwal founder of OYO Rooms at 23 years
Ritesh Agarwal founder of OYO Rooms at 23 years
 
OYO Rooms Term Report
OYO Rooms Term ReportOYO Rooms Term Report
OYO Rooms Term Report
 
123.pptx
123.pptx123.pptx
123.pptx
 
Oyoslide
OyoslideOyoslide
Oyoslide
 
Oyo
OyoOyo
Oyo
 
Oyo Rooms
Oyo RoomsOyo Rooms
Oyo Rooms
 
Rise of Oyo Rooms
Rise of Oyo RoomsRise of Oyo Rooms
Rise of Oyo Rooms
 
Toxic culture at oyo
Toxic culture at oyoToxic culture at oyo
Toxic culture at oyo
 
Young Indian Entrepreneurs.
Young Indian Entrepreneurs.Young Indian Entrepreneurs.
Young Indian Entrepreneurs.
 
A study on B2B Oyo rooms
A study on B2B Oyo roomsA study on B2B Oyo rooms
A study on B2B Oyo rooms
 
Oyoroom
OyoroomOyoroom
Oyoroom
 
MARKETING PLAN FOR NEW ANDROID APP
MARKETING PLAN FOR NEW ANDROID APPMARKETING PLAN FOR NEW ANDROID APP
MARKETING PLAN FOR NEW ANDROID APP
 
Oyo - Greiner growth model
Oyo - Greiner growth modelOyo - Greiner growth model
Oyo - Greiner growth model
 
Success story of Ritesh Aggrwal
Success story of Ritesh AggrwalSuccess story of Ritesh Aggrwal
Success story of Ritesh Aggrwal
 
Oyo rooms
Oyo roomsOyo rooms
Oyo rooms
 

Recently uploaded

Best Places to Stay in New Brunswick, Canada.
Best Places to Stay in New Brunswick, Canada.Best Places to Stay in New Brunswick, Canada.
Best Places to Stay in New Brunswick, Canada.
Mahogany Manor
 
Agama Tours&Safaris-Kilimanjaro day trip
Agama Tours&Safaris-Kilimanjaro day tripAgama Tours&Safaris-Kilimanjaro day trip
Agama Tours&Safaris-Kilimanjaro day trip
Agama Tours
 
Top 10 Tourist Places in South India to Explore.pdf
Top 10 Tourist Places in South India to Explore.pdfTop 10 Tourist Places in South India to Explore.pdf
Top 10 Tourist Places in South India to Explore.pdf
Savita Yadav
 
Wayanad-The-Touristry-Heaven to the tour.pptx
Wayanad-The-Touristry-Heaven to the tour.pptxWayanad-The-Touristry-Heaven to the tour.pptx
Wayanad-The-Touristry-Heaven to the tour.pptx
cosmo-soil
 
Assessing the Influence of Transportation on the Tourism Industry in Nigeria
Assessing the Influence of Transportation on the  Tourism Industry in NigeriaAssessing the Influence of Transportation on the  Tourism Industry in Nigeria
Assessing the Influence of Transportation on the Tourism Industry in Nigeria
gsochially
 
Excursions in Tahiti Island Adventure
Excursions in Tahiti Island AdventureExcursions in Tahiti Island Adventure
Excursions in Tahiti Island Adventure
Unique Tahiti
 
Un viaje a Buenos Aires y sus alrededores
Un viaje a Buenos Aires y sus alrededoresUn viaje a Buenos Aires y sus alrededores
Un viaje a Buenos Aires y sus alrededores
Judy Hochberg
 
How To Change A Name On American Airlines Ticket.pptx
How To Change A Name On American Airlines Ticket.pptxHow To Change A Name On American Airlines Ticket.pptx
How To Change A Name On American Airlines Ticket.pptx
edqour001namechange
 
Un viaje a Argentina updated xxxxxxxxxxx
Un viaje a Argentina updated xxxxxxxxxxxUn viaje a Argentina updated xxxxxxxxxxx
Un viaje a Argentina updated xxxxxxxxxxx
Judy Hochberg
 
Understanding Bus Hire ServicesIN MELBOURNE .pptx
Understanding Bus Hire ServicesIN MELBOURNE .pptxUnderstanding Bus Hire ServicesIN MELBOURNE .pptx
Understanding Bus Hire ServicesIN MELBOURNE .pptx
MELBOURNEBUSHIRE
 
What Challenges Await Beginners in Snowshoeing
What Challenges Await Beginners in SnowshoeingWhat Challenges Await Beginners in Snowshoeing
What Challenges Await Beginners in Snowshoeing
Snowshoe Tahoe
 
Discovering Egypt A Step-by-Step Guide to Planning Your Trip.ppt
Discovering Egypt A Step-by-Step Guide to Planning Your Trip.pptDiscovering Egypt A Step-by-Step Guide to Planning Your Trip.ppt
Discovering Egypt A Step-by-Step Guide to Planning Your Trip.ppt
Imperial Egypt
 
在线办理(BU毕业证书)波士顿大学毕业证录取通知书一模一样
在线办理(BU毕业证书)波士顿大学毕业证录取通知书一模一样在线办理(BU毕业证书)波士顿大学毕业证录取通知书一模一样
在线办理(BU毕业证书)波士顿大学毕业证录取通知书一模一样
v6ldcxuq
 
How To Change Your Name On American Airlines Aadvantage.pptx
How To Change Your Name On American Airlines Aadvantage.pptxHow To Change Your Name On American Airlines Aadvantage.pptx
How To Change Your Name On American Airlines Aadvantage.pptx
edqour001namechange
 
How Do I Plan a Kilimanjaro Climb? 7 Essential Tips Revealed.pdf
How Do I Plan a Kilimanjaro Climb? 7 Essential Tips Revealed.pdfHow Do I Plan a Kilimanjaro Climb? 7 Essential Tips Revealed.pdf
How Do I Plan a Kilimanjaro Climb? 7 Essential Tips Revealed.pdf
Eastafrica Travelcompany
 

Recently uploaded (15)

Best Places to Stay in New Brunswick, Canada.
Best Places to Stay in New Brunswick, Canada.Best Places to Stay in New Brunswick, Canada.
Best Places to Stay in New Brunswick, Canada.
 
Agama Tours&Safaris-Kilimanjaro day trip
Agama Tours&Safaris-Kilimanjaro day tripAgama Tours&Safaris-Kilimanjaro day trip
Agama Tours&Safaris-Kilimanjaro day trip
 
Top 10 Tourist Places in South India to Explore.pdf
Top 10 Tourist Places in South India to Explore.pdfTop 10 Tourist Places in South India to Explore.pdf
Top 10 Tourist Places in South India to Explore.pdf
 
Wayanad-The-Touristry-Heaven to the tour.pptx
Wayanad-The-Touristry-Heaven to the tour.pptxWayanad-The-Touristry-Heaven to the tour.pptx
Wayanad-The-Touristry-Heaven to the tour.pptx
 
Assessing the Influence of Transportation on the Tourism Industry in Nigeria
Assessing the Influence of Transportation on the  Tourism Industry in NigeriaAssessing the Influence of Transportation on the  Tourism Industry in Nigeria
Assessing the Influence of Transportation on the Tourism Industry in Nigeria
 
Excursions in Tahiti Island Adventure
Excursions in Tahiti Island AdventureExcursions in Tahiti Island Adventure
Excursions in Tahiti Island Adventure
 
Un viaje a Buenos Aires y sus alrededores
Un viaje a Buenos Aires y sus alrededoresUn viaje a Buenos Aires y sus alrededores
Un viaje a Buenos Aires y sus alrededores
 
How To Change A Name On American Airlines Ticket.pptx
How To Change A Name On American Airlines Ticket.pptxHow To Change A Name On American Airlines Ticket.pptx
How To Change A Name On American Airlines Ticket.pptx
 
Un viaje a Argentina updated xxxxxxxxxxx
Un viaje a Argentina updated xxxxxxxxxxxUn viaje a Argentina updated xxxxxxxxxxx
Un viaje a Argentina updated xxxxxxxxxxx
 
Understanding Bus Hire ServicesIN MELBOURNE .pptx
Understanding Bus Hire ServicesIN MELBOURNE .pptxUnderstanding Bus Hire ServicesIN MELBOURNE .pptx
Understanding Bus Hire ServicesIN MELBOURNE .pptx
 
What Challenges Await Beginners in Snowshoeing
What Challenges Await Beginners in SnowshoeingWhat Challenges Await Beginners in Snowshoeing
What Challenges Await Beginners in Snowshoeing
 
Discovering Egypt A Step-by-Step Guide to Planning Your Trip.ppt
Discovering Egypt A Step-by-Step Guide to Planning Your Trip.pptDiscovering Egypt A Step-by-Step Guide to Planning Your Trip.ppt
Discovering Egypt A Step-by-Step Guide to Planning Your Trip.ppt
 
在线办理(BU毕业证书)波士顿大学毕业证录取通知书一模一样
在线办理(BU毕业证书)波士顿大学毕业证录取通知书一模一样在线办理(BU毕业证书)波士顿大学毕业证录取通知书一模一样
在线办理(BU毕业证书)波士顿大学毕业证录取通知书一模一样
 
How To Change Your Name On American Airlines Aadvantage.pptx
How To Change Your Name On American Airlines Aadvantage.pptxHow To Change Your Name On American Airlines Aadvantage.pptx
How To Change Your Name On American Airlines Aadvantage.pptx
 
How Do I Plan a Kilimanjaro Climb? 7 Essential Tips Revealed.pdf
How Do I Plan a Kilimanjaro Climb? 7 Essential Tips Revealed.pdfHow Do I Plan a Kilimanjaro Climb? 7 Essential Tips Revealed.pdf
How Do I Plan a Kilimanjaro Climb? 7 Essential Tips Revealed.pdf
 

OYO Hotels and ROOM .pptx

  • 1. Presented by : Amanjeet singh
  • 2. INTRODUCTION • Ritesh Agarwal is the founder and CEO. • OYO started with one city and one hotel in Gurgaon in January 2013. • OYO room is India’s largest branded network of hotels. • It operates in more than 500 cities with 18000 hotels in India. • Oparetes in more than 80 countries. • Headquartered and operated by GURGAON HARYANA. • First started by name of ORAVEL STAYS PVT LTD. In 2012
  • 3. RITESH AGARWAL • Ritesh Agarwal born in cuttak, Orissa in the year 1993 on 16 November. • He was born in a middle class marwari family. • He dropped out college in 2012 when he was 17 year old for his start-up. • He started his first venture in2012 and called it ORAVEL STAYS but it didn’t work for long as he has to guit ORAVEL. • He realized the basic necessity of any traveler which is to find good, affordable and available hotels to stay. • He started OYO room in 2013.
  • 4. OYO: AGGREGATOR BUSINESS MODEL • OYO Rooms business model was used to be a hotel aggregator. • Lease a part of hotel’s inventory beforehand. • Organize those hotels rooms under their brand name. • These partner hotels provide standardized service to customers of those rooms as it was decided in a contract with OYO. • Booking were made through the OYO ROOMS website and mobile application.
  • 5. OYO: FRANCHISE BUSINESS MODEL • The company builts its brand equity. • The founders decided to pivot it’s business model to pure franchise business model in 2018. • The company doesn’t lease the hotel Rooms anymore, but ask the hotel partner to operate them as franchise. • They have partnered with hotels and made them work with them under their name. • The company now get 90% of tlits revenue from hotel under the franchise model.
  • 6. MARKETING STRATEGY • To retain its ranking and be a Step ahead of the competitors OYO is focusing on the mass as well as on digital marketing section aggressively for lead generation and customer acquisition. • It is strategically using all means of social media by targeting potential customers based on their interest, behaviour and other parameters which are easily available via digital marketing. • It has strong social media presence on Facebook with over 11 lakh fans and a Twitter following of over 65000 followers the brand claim to have over million app downloads with good no number of active users.
  • 7. SOCIAL MEDIA Facebook • Contest announcement with hastags such as #Recognize me #OYO Belieber • Update on new offers. • Contact number for support and assistance. • Response rate is high which is 90%which is better as compared to competitors. • Average response per post 50 – 300. Twitter • Updates on new offers with eye grabbing images as well as videos occasionally. • Sharing pictures of customers have used the services .To attract more customers. • Using hastags such as #aageseright # Hello Nepal #Enrout To OYO. • Highly responsive to customers queries, feedback and complaints.
  • 8. PESTEL FRAMEWORK Political factor • Starup India, Make in India, Digital India Economic factor • Increase in investment for start ups, there startup like OYO became viable with reduce risk Social factor • OYO Rooms was started mainly keeping in mind the middle class people. • Requirement of systematic hotels in India.
  • 9. PESTEL FRAMEWORK Technology factor • Introducing the mobile app in both android and O.S platforms. • Concentrate aggressively on mass and digital marketing. Legal factor • OYO has signed MOU with Uttarakhand government. • OYO has also partnered with Indian Railways to provide budget accommodation. Environmental factors • Use of social media and other advertising platforms. • Standardized aggregators of budget hotels.
  • 10. 4P’S OF OYO 1. Product: OYO Rooms services are particularly customized for budget customers, but keeping in mind their basic needs of WiFi, cleanliness, television and air conditioner. 2. Price: OYO Room’s services are extremely price conscious. 3. Promotion: OYO has been spending its advertising dollars on the digital domain and has been yielding good results from it. It has Facebook presence of over 11 lakh fans and a Twitter following over 65000 followers. The brand claim to have over million app downloads with a good numbers of active users. 4. Place: large part of their audience resides in small towns and city outskirts . However they also receive huge traffic in metro cities.
  • 11. SUMMARY Ritesh Agarwal dropped out college at the age of 17 to start his business and he started ORAVEL stay in 2012 but it doesn’t work then he stated oyo Room’s in 2013 .the Oyo used to lease a part of hotel and organize them under their brand name and provide booking facilities through mobile aap but in 2018 they start franchise based model they partnered with hotels and make them work under their brand . They used social media for marketing very effectively which give them edge over there competitors to engage more people they stated campaign on social media . Oyo growing so fast and today it is expande to more than 80 countries.