OYO Rooms is an Indian hotel brand that owns and operates standardized hotel rooms across India and Malaysia. It has grown rapidly since starting in 2013 with one hotel, and now has over 25,000 hotels in over 250 cities. OYO focuses on mass and digital marketing through social media campaigns and partnerships to acquire customers and retain its position as India's largest branded hotel network.
Ritesh Agarwal founded OYO Rooms in 2013 to address the lack of affordable and standardized accommodations in India. He started his first company, Oravel Stays, in 2012 which he later transformed into OYO Rooms. OYO Rooms partners with hotel owners to renovate properties and maintain quality standards, booking some rooms in bulk and renting them to customers at lower prices than competitors. This allows both hotel owners and customers to benefit. OYO Rooms has grown rapidly across India and aims to become the largest hotel chain globally by 2023 through continued expansion.
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.
Ritesh Agarwal is the founder and CEO of OYO Rooms, India's largest hotel chain. He started Oravel Stays in 2012 at age 17 to book budget accommodations, before rebranding as OYO Rooms in 2013 to offer affordable, standardized hotels. OYO now has operations in over 160 Indian cities and a valuation of $360 million, transforming through strategic partnerships with hotel owners.
OYO is a hotel aggregator founded by 19-year old Ritesh Agarwal that partners with hotels to provide standardized, low-cost accommodations. It makes money by collecting fees from partner hotels for services like branding, customer service, and reservations. OYO uses technology and data analytics to improve the customer experience and drive business growth. It has expanded rapidly to become one of the largest hotel chains globally with over 270,000 rooms across 500+ Indian cities.
Ritesh Agarwal dropped out of college at age 17 in 2012 to start Oyo Rooms. Oyo Rooms began as Oravel Stays in 2012, offering budget accommodations through listings and bookings, but Agarwal realized this did not meet travelers' needs. In 2013, he transformed it into Oyo Rooms to offer affordable and standardized hotels. Oyo Rooms has since grown to be India's largest branded hotel chain with over 4,500 hotels across 160+ cities. It aims to become the world's largest branded hotel network by standardizing service and prices across hotels.
OYO Rooms is an Indian hotel brand that aggregates standardized hotel rooms. It was founded in 2013 by Ritesh Agarwal and allows customers to book rooms starting at 999 INR using their app. As of 2016, OYO had over 7,500 hotels across 220 Indian cities and has expanded to Malaysia. The company aims to provide consistent quality, cleanliness, and amenities at affordable prices using technology to connect all parts of their business.
Oyo Rooms is a hotel aggregator that standardizes quality and pricing across its network. It books rooms in advance from hotels and organizes them under the Oyo brand. The business has grown rapidly since 2013 and now works with over 6,500 hotels across India. Oyo also has mobile apps to help employees promote rooms and allow hotel owners to view bookings and earnings.
OYO Rooms is an Indian hotel brand that owns and operates standardized hotel rooms across India and Malaysia. It has grown rapidly since starting in 2013 with one hotel, and now has over 25,000 hotels in over 250 cities. OYO focuses on mass and digital marketing through social media campaigns and partnerships to acquire customers and retain its position as India's largest branded hotel network.
Ritesh Agarwal founded OYO Rooms in 2013 to address the lack of affordable and standardized accommodations in India. He started his first company, Oravel Stays, in 2012 which he later transformed into OYO Rooms. OYO Rooms partners with hotel owners to renovate properties and maintain quality standards, booking some rooms in bulk and renting them to customers at lower prices than competitors. This allows both hotel owners and customers to benefit. OYO Rooms has grown rapidly across India and aims to become the largest hotel chain globally by 2023 through continued expansion.
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.
Ritesh Agarwal is the founder and CEO of OYO Rooms, India's largest hotel chain. He started Oravel Stays in 2012 at age 17 to book budget accommodations, before rebranding as OYO Rooms in 2013 to offer affordable, standardized hotels. OYO now has operations in over 160 Indian cities and a valuation of $360 million, transforming through strategic partnerships with hotel owners.
OYO is a hotel aggregator founded by 19-year old Ritesh Agarwal that partners with hotels to provide standardized, low-cost accommodations. It makes money by collecting fees from partner hotels for services like branding, customer service, and reservations. OYO uses technology and data analytics to improve the customer experience and drive business growth. It has expanded rapidly to become one of the largest hotel chains globally with over 270,000 rooms across 500+ Indian cities.
Ritesh Agarwal dropped out of college at age 17 in 2012 to start Oyo Rooms. Oyo Rooms began as Oravel Stays in 2012, offering budget accommodations through listings and bookings, but Agarwal realized this did not meet travelers' needs. In 2013, he transformed it into Oyo Rooms to offer affordable and standardized hotels. Oyo Rooms has since grown to be India's largest branded hotel chain with over 4,500 hotels across 160+ cities. It aims to become the world's largest branded hotel network by standardizing service and prices across hotels.
OYO Rooms is an Indian hotel brand that aggregates standardized hotel rooms. It was founded in 2013 by Ritesh Agarwal and allows customers to book rooms starting at 999 INR using their app. As of 2016, OYO had over 7,500 hotels across 220 Indian cities and has expanded to Malaysia. The company aims to provide consistent quality, cleanliness, and amenities at affordable prices using technology to connect all parts of their business.
Oyo Rooms is a hotel aggregator that standardizes quality and pricing across its network. It books rooms in advance from hotels and organizes them under the Oyo brand. The business has grown rapidly since 2013 and now works with over 6,500 hotels across India. Oyo also has mobile apps to help employees promote rooms and allow hotel owners to view bookings and earnings.
Ritesh Agarwal is the founder and CEO of OYO Rooms, which he started in 2013. He launched Oravel Stays in 2012 to address issues with budget hotels during his travels. Realizing the problems went beyond availability, he pivoted to launching OYO to standardize services across budget hotels. OYO now has over 65,000 rooms across more than 200 Indian cities and Malaysia. Ritesh was just 23 when he started OYO and has received several awards for his success in building India's largest branded hotel chain.
Ritesh Agarwal founded OYO Rooms in 2013 at age 17 to provide affordable, reliable accommodations. OYO Rooms operates in over 100 Indian cities using an asset-light model where it partners with hotels to standardize and list rooms on its app. The company focuses on budget hotels, uses technology to optimize the customer experience, and has experienced exponential growth in bookings. OYO Rooms aims to transform the hospitality industry and provide standardized rooms at affordable prices across India.
OYO is a fast growing hotel chain that aims to be the largest by 2023 through a disruptive growth strategy of targeting fragmented budget markets. It renovates hotels to its standards and sells their inventory under its brand name. OYO uses technology like mobile apps and software to optimize prices, occupancy, and audits. It has grown through strategic acquisitions and expanding to new markets by establishing local teams and customizing its approach. Recommendations include focusing on quality services while expanding, increasing market share in destinations, and addressing concerns of predatory pricing.
Oyo Rooms is an Indian hotel chain founded in 2013 that aggregates and standardizes quality budget hotels across India and other countries using a business model similar to Uber. It partners with hotel owners to book a portion of rooms under the Oyo brand name, ensuring standardized services and facilities. Customers book rooms through the Oyo website and app, while hotel owners use the Oyo Owner app to manage their inventory and payments. Over 6,500 hotels and 220+ cities are part of the Oyo network as of 2016.
The document is a project report submitted by Abhishek Mallick for his Bachelor of Business Administration degree. It discusses his internship with OYO Rooms working on lead generation and enterprise partnerships. The report includes an introduction to OYO Rooms, the objectives and methodology of his project, observations and analysis from his work, key findings, and recommendations. It also includes declarations, certificates, acknowledgements and references sections.
Ritesh Agarwal founder of OYO Rooms at 23 yearsManjuNath786276
Ritesh Agarwal: The Visionary Entrepreneur Behind OYO RoomsIn the dynamic landscape of entrepreneurship, where innovation meets determination, Ritesh Agarwal stands as a beacon of inspiration. Born on November 16, 1993, in Bissam Cuttack, a small town in the eastern state of Odisha, India, Agarwal's journey from humble beginnings to the founder and CEO of OYO Rooms, one of the world's largest hospitality chains, is nothing short of extraordinary.Early Life and EducationAgarwal's entrepreneurial spirit was evident from an early age. Despite coming from a middle-class family, he displayed an innate curiosity and drive to create something impactful. His journey began when he enrolled in the Indian School of Business and Finance in New Delhi, where he pursued a degree in business administration.The Genesis of OYOWhile still a teenager, Agarwal embarked on a solo trip across India, staying in various budget accommodations. It was during this journey that he recognized the glaring gap in the hospitality industry: the lack of standardized, affordable, and reliable accommodations for budget travelers. Armed with this insight and fueled by his passion for entrepreneurship, Agarwal set out to revolutionize the hotel industry.In 2013, at the tender age of 19, Agarwal founded Oravel Stays, a platform that aimed to connect travelers with affordable and standardized accommodations. However, it wasn't until a pivot in business strategy that OYO Rooms was born. Agarwal transformed Oravel Stays into OYO Rooms, with a focus on offering budget hotels that adhered to standardized quality norms.The OYO PhenomenonUnder Agarwal's visionary leadership, OYO Rooms rapidly expanded its presence across India. Leveraging technology and data analytics, Agarwal ensured that each OYO property met stringent quality standards, offering travelers a consistent and reliable experience. This emphasis on quality control, coupled with aggressive pricing strategies, propelled OYO Rooms to meteoric success.OYO's business model struck a chord with both hotel owners and customers. For hotel owners, OYO offered a platform to increase occupancy rates and revenue, while customers benefited from affordable yet comfortable accommodations. This win-win proposition fueled OYO's growth trajectory, attracting investors and stakeholders alike.Challenges and TriumphsDespite its rapid growth, OYO faced its fair share of challenges along the way. Agarwal navigated through regulatory hurdles, operational complexities, and fierce competition to steer OYO towards success. His ability to adapt to changing market dynamics and his unwavering commitment to OYO's mission played pivotal roles in overcoming these obstacles.One of Agarwal's defining moments came in 2019 when OYO expanded its operations beyond India's borders, venturing into international markets such as China, the United States.
Oyo Rooms began as an idea by Ritesh Agarwal to improve standards in India's hotel industry. He started by making improvements to small hotels. This grew into Oyo becoming India's largest hotel network with over 4,500 hotels under its brand. Oyo used technology like its app and machine learning to streamline the booking process and attract more customers. It launched various initiatives like rooms for unmarried couples and women-only hotels. After establishing itself in India, Oyo raised more funding to expand internationally.
The document discusses a study conducted on customer satisfaction with services provided by OYO Rooms. It provides an overview of OYO Rooms as a branded hotel chain operating in multiple countries. The objectives and methodology of the study are described. Literature on factors influencing customer satisfaction in the hotel industry is reviewed. Key factors found to impact satisfaction include staff service quality, room quality, value, food and beverage management, transportation convenience, and consistency with expectations. The study aims to understand reasons for customer dissatisfaction with OYO properties and identify areas for improvement.
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
Ritesh Agarwal is the 21-year-old founder and owner of Oyo Rooms, which he started in 2012 after dropping out of college at age 17. Oyo Rooms is India's largest branded hotel network with over 4,500 hotels across 174 cities. It provides affordable, standardized hotel rooms through its app-based booking platform. Ritesh has received several awards for his success in building Oyo Rooms from a single hotel in 2013 to India's largest hotel brand today. The company has raised over $125 million in funding from investors like Lightspeed Venture Partners and Softbank to continue its rapid nationwide expansion.
1. The document discusses how technology alone did not disrupt industries like hotels, but rather issues like limited availability and poor customer service led to disruption.
2. It argues that OYO is not solely responsible for disrupting hotels, and that limitations from hotels as well as pricing options allowed room for disruption.
3. Good customer experiences and being customer-centric are important to prevent disruption, as not focusing on customers poses the biggest threat to businesses.
Oyo's rapid growth led it to engage in unhealthy practices that fostered a toxic culture. Employees felt pressure to add unlicensed and unavailable hotels with fake photos to meet targets. Some hotels also alleged that Oyo withheld payments and charged unexpected fees. The toxic culture demoralized employees and harmed Oyo's integrity and business relationships. The founder now needs to address these issues and reform policies and incentives to build a more positive culture.
Ritesh Agarwal is an Indian entrepreneur and founder of OYO Rooms, which offers budget accommodation across India. He started OYO Rooms in 2013 with one hotel in Gurgaon and has since expanded to over 70,000 rooms in 8,500 hotels across 230 Indian towns. Rohit Bansal and Kunal Bahl are Indian entrepreneurs who founded Snapdeal, an e-commerce platform started in 2010 as a daily deals site but now an online marketplace with over 30 million products from 1,25,000 brands across India. Both OYO Rooms and Snapdeal have seen significant growth under the leadership of their young founders.
Oyo Rooms is India's largest hotel chain with over 9,000 hotels across 230+ cities. It was founded by Ritesh Agarwal in 2013 and has since expanded internationally. Oyo partners with budget hotels, standardizes them under the Oyo brand, and handles bookings through their app and website. They generate revenue by blocking a portion of partner hotel rooms and reselling them to customers.
Ritesh Agarwal is the 22-year-old founder and CEO of OYO Rooms, which is now India's largest hotel chain with over 20,000 hotels. He started Oravel Stays in 2012 at age 17 to address the lack of standardized budget accommodations in India, and transformed it into OYO Rooms in 2013. OYO Rooms has since received over $850 million in funding and offers affordable, consistent accommodations in over 160 Indian cities. Ritesh is considered one of the youngest and most successful entrepreneurs in India due to his innovative problem-solving approach and strong work ethic.
This document provides a marketing plan for Tripera, an Android app that aims to build a branded network for tourism and hotel stays in India. The plan outlines Tripera's goal to increase tourism demand among middle and upper-middle class Indians. It analyzes the tourism market in India and identifies Tripera's target customers. The strategy focuses on providing world-class service, building strategic alliances, and maximizing customer satisfaction. Tactics proposed include developing the app product, offering excellent service, implementing an effective pricing model, conducting branding and advertising campaigns, and using digital and social media marketing. The plan also discusses implementation steps and challenges Tripera may face competing with other travel apps.
OYO Rooms is the world's fastest growing hotel chain that was started in 2013 in India. It has expanded to over 800 cities in 43,000+ exclusive hotels and 1.2 million exclusive rooms globally. OYO provides affordable accommodation options like OYO Townhouse, OYO Silverkey, and OYO Home. It has grown rapidly through acquisitions and funding, becoming a unicorn, but now faces challenges including addressing issues with hotel partners and cost-cutting due to COVID-19 losses.
Ritesh Agarwal is the founder and CEO of OYO Rooms, one of India's fastest growing hotel chains. He was raised in a middle-class family and dropped out of college to start his own company. Inspired by his travels across India experiencing different budget accommodations, he launched Oravel Stays in 2012 which he later transformed into OYO Rooms. Starting with just one hotel in 2013, OYO Rooms has expanded to over 23,000 hotels across 800 cities worldwide and is now valued at $10 billion, making it one of the most successful internet startups in India.
OYO Rooms is India's largest branded hotel network founded in 2012 by Ritesh Agarwal. It operates budget hotels in over 100 Indian cities through its app-based booking platform. OYO standardizes amenities in partner hotels like WiFi, TVs, linens, and toiletries and audits regularly to ensure quality. It began with one hotel in 2013 and has grown to over 2,000 partner hotels and 20,000 rooms by 2015, expanding to new cities. OYO reaches out to hotels to partner and also audits them to determine changes needed to meet its standards before listing.
Best Places to Stay in New Brunswick, Canada.Mahogany Manor
New Brunswick, a picturesque province in eastern Canada, offers a plethora of unique and charming places to stay for every kind of traveler. From the historic allure of Fredericton and the vibrant culture of Saint John to the natural beauty of Fundy National Park and the serene coastal towns like St. Andrews by-the-Sea, there's something for everyone. Whether you prefer luxury resorts, cozy inns, rustic lodges, or budget-friendly options, the best places to stay in New Brunswick ensure a memorable stay, allowing you to fully immerse yourself in the province's rich history, stunning landscapes, and warm hospitality.
https://www.mmanor.ca/blog/best-5-bed-and-breakfast-new-brunswick-canada
Ritesh Agarwal is the founder and CEO of OYO Rooms, which he started in 2013. He launched Oravel Stays in 2012 to address issues with budget hotels during his travels. Realizing the problems went beyond availability, he pivoted to launching OYO to standardize services across budget hotels. OYO now has over 65,000 rooms across more than 200 Indian cities and Malaysia. Ritesh was just 23 when he started OYO and has received several awards for his success in building India's largest branded hotel chain.
Ritesh Agarwal founded OYO Rooms in 2013 at age 17 to provide affordable, reliable accommodations. OYO Rooms operates in over 100 Indian cities using an asset-light model where it partners with hotels to standardize and list rooms on its app. The company focuses on budget hotels, uses technology to optimize the customer experience, and has experienced exponential growth in bookings. OYO Rooms aims to transform the hospitality industry and provide standardized rooms at affordable prices across India.
OYO is a fast growing hotel chain that aims to be the largest by 2023 through a disruptive growth strategy of targeting fragmented budget markets. It renovates hotels to its standards and sells their inventory under its brand name. OYO uses technology like mobile apps and software to optimize prices, occupancy, and audits. It has grown through strategic acquisitions and expanding to new markets by establishing local teams and customizing its approach. Recommendations include focusing on quality services while expanding, increasing market share in destinations, and addressing concerns of predatory pricing.
Oyo Rooms is an Indian hotel chain founded in 2013 that aggregates and standardizes quality budget hotels across India and other countries using a business model similar to Uber. It partners with hotel owners to book a portion of rooms under the Oyo brand name, ensuring standardized services and facilities. Customers book rooms through the Oyo website and app, while hotel owners use the Oyo Owner app to manage their inventory and payments. Over 6,500 hotels and 220+ cities are part of the Oyo network as of 2016.
The document is a project report submitted by Abhishek Mallick for his Bachelor of Business Administration degree. It discusses his internship with OYO Rooms working on lead generation and enterprise partnerships. The report includes an introduction to OYO Rooms, the objectives and methodology of his project, observations and analysis from his work, key findings, and recommendations. It also includes declarations, certificates, acknowledgements and references sections.
Ritesh Agarwal founder of OYO Rooms at 23 yearsManjuNath786276
Ritesh Agarwal: The Visionary Entrepreneur Behind OYO RoomsIn the dynamic landscape of entrepreneurship, where innovation meets determination, Ritesh Agarwal stands as a beacon of inspiration. Born on November 16, 1993, in Bissam Cuttack, a small town in the eastern state of Odisha, India, Agarwal's journey from humble beginnings to the founder and CEO of OYO Rooms, one of the world's largest hospitality chains, is nothing short of extraordinary.Early Life and EducationAgarwal's entrepreneurial spirit was evident from an early age. Despite coming from a middle-class family, he displayed an innate curiosity and drive to create something impactful. His journey began when he enrolled in the Indian School of Business and Finance in New Delhi, where he pursued a degree in business administration.The Genesis of OYOWhile still a teenager, Agarwal embarked on a solo trip across India, staying in various budget accommodations. It was during this journey that he recognized the glaring gap in the hospitality industry: the lack of standardized, affordable, and reliable accommodations for budget travelers. Armed with this insight and fueled by his passion for entrepreneurship, Agarwal set out to revolutionize the hotel industry.In 2013, at the tender age of 19, Agarwal founded Oravel Stays, a platform that aimed to connect travelers with affordable and standardized accommodations. However, it wasn't until a pivot in business strategy that OYO Rooms was born. Agarwal transformed Oravel Stays into OYO Rooms, with a focus on offering budget hotels that adhered to standardized quality norms.The OYO PhenomenonUnder Agarwal's visionary leadership, OYO Rooms rapidly expanded its presence across India. Leveraging technology and data analytics, Agarwal ensured that each OYO property met stringent quality standards, offering travelers a consistent and reliable experience. This emphasis on quality control, coupled with aggressive pricing strategies, propelled OYO Rooms to meteoric success.OYO's business model struck a chord with both hotel owners and customers. For hotel owners, OYO offered a platform to increase occupancy rates and revenue, while customers benefited from affordable yet comfortable accommodations. This win-win proposition fueled OYO's growth trajectory, attracting investors and stakeholders alike.Challenges and TriumphsDespite its rapid growth, OYO faced its fair share of challenges along the way. Agarwal navigated through regulatory hurdles, operational complexities, and fierce competition to steer OYO towards success. His ability to adapt to changing market dynamics and his unwavering commitment to OYO's mission played pivotal roles in overcoming these obstacles.One of Agarwal's defining moments came in 2019 when OYO expanded its operations beyond India's borders, venturing into international markets such as China, the United States.
Oyo Rooms began as an idea by Ritesh Agarwal to improve standards in India's hotel industry. He started by making improvements to small hotels. This grew into Oyo becoming India's largest hotel network with over 4,500 hotels under its brand. Oyo used technology like its app and machine learning to streamline the booking process and attract more customers. It launched various initiatives like rooms for unmarried couples and women-only hotels. After establishing itself in India, Oyo raised more funding to expand internationally.
The document discusses a study conducted on customer satisfaction with services provided by OYO Rooms. It provides an overview of OYO Rooms as a branded hotel chain operating in multiple countries. The objectives and methodology of the study are described. Literature on factors influencing customer satisfaction in the hotel industry is reviewed. Key factors found to impact satisfaction include staff service quality, room quality, value, food and beverage management, transportation convenience, and consistency with expectations. The study aims to understand reasons for customer dissatisfaction with OYO properties and identify areas for improvement.
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
Ritesh Agarwal is the 21-year-old founder and owner of Oyo Rooms, which he started in 2012 after dropping out of college at age 17. Oyo Rooms is India's largest branded hotel network with over 4,500 hotels across 174 cities. It provides affordable, standardized hotel rooms through its app-based booking platform. Ritesh has received several awards for his success in building Oyo Rooms from a single hotel in 2013 to India's largest hotel brand today. The company has raised over $125 million in funding from investors like Lightspeed Venture Partners and Softbank to continue its rapid nationwide expansion.
1. The document discusses how technology alone did not disrupt industries like hotels, but rather issues like limited availability and poor customer service led to disruption.
2. It argues that OYO is not solely responsible for disrupting hotels, and that limitations from hotels as well as pricing options allowed room for disruption.
3. Good customer experiences and being customer-centric are important to prevent disruption, as not focusing on customers poses the biggest threat to businesses.
Oyo's rapid growth led it to engage in unhealthy practices that fostered a toxic culture. Employees felt pressure to add unlicensed and unavailable hotels with fake photos to meet targets. Some hotels also alleged that Oyo withheld payments and charged unexpected fees. The toxic culture demoralized employees and harmed Oyo's integrity and business relationships. The founder now needs to address these issues and reform policies and incentives to build a more positive culture.
Ritesh Agarwal is an Indian entrepreneur and founder of OYO Rooms, which offers budget accommodation across India. He started OYO Rooms in 2013 with one hotel in Gurgaon and has since expanded to over 70,000 rooms in 8,500 hotels across 230 Indian towns. Rohit Bansal and Kunal Bahl are Indian entrepreneurs who founded Snapdeal, an e-commerce platform started in 2010 as a daily deals site but now an online marketplace with over 30 million products from 1,25,000 brands across India. Both OYO Rooms and Snapdeal have seen significant growth under the leadership of their young founders.
Oyo Rooms is India's largest hotel chain with over 9,000 hotels across 230+ cities. It was founded by Ritesh Agarwal in 2013 and has since expanded internationally. Oyo partners with budget hotels, standardizes them under the Oyo brand, and handles bookings through their app and website. They generate revenue by blocking a portion of partner hotel rooms and reselling them to customers.
Ritesh Agarwal is the 22-year-old founder and CEO of OYO Rooms, which is now India's largest hotel chain with over 20,000 hotels. He started Oravel Stays in 2012 at age 17 to address the lack of standardized budget accommodations in India, and transformed it into OYO Rooms in 2013. OYO Rooms has since received over $850 million in funding and offers affordable, consistent accommodations in over 160 Indian cities. Ritesh is considered one of the youngest and most successful entrepreneurs in India due to his innovative problem-solving approach and strong work ethic.
This document provides a marketing plan for Tripera, an Android app that aims to build a branded network for tourism and hotel stays in India. The plan outlines Tripera's goal to increase tourism demand among middle and upper-middle class Indians. It analyzes the tourism market in India and identifies Tripera's target customers. The strategy focuses on providing world-class service, building strategic alliances, and maximizing customer satisfaction. Tactics proposed include developing the app product, offering excellent service, implementing an effective pricing model, conducting branding and advertising campaigns, and using digital and social media marketing. The plan also discusses implementation steps and challenges Tripera may face competing with other travel apps.
OYO Rooms is the world's fastest growing hotel chain that was started in 2013 in India. It has expanded to over 800 cities in 43,000+ exclusive hotels and 1.2 million exclusive rooms globally. OYO provides affordable accommodation options like OYO Townhouse, OYO Silverkey, and OYO Home. It has grown rapidly through acquisitions and funding, becoming a unicorn, but now faces challenges including addressing issues with hotel partners and cost-cutting due to COVID-19 losses.
Ritesh Agarwal is the founder and CEO of OYO Rooms, one of India's fastest growing hotel chains. He was raised in a middle-class family and dropped out of college to start his own company. Inspired by his travels across India experiencing different budget accommodations, he launched Oravel Stays in 2012 which he later transformed into OYO Rooms. Starting with just one hotel in 2013, OYO Rooms has expanded to over 23,000 hotels across 800 cities worldwide and is now valued at $10 billion, making it one of the most successful internet startups in India.
OYO Rooms is India's largest branded hotel network founded in 2012 by Ritesh Agarwal. It operates budget hotels in over 100 Indian cities through its app-based booking platform. OYO standardizes amenities in partner hotels like WiFi, TVs, linens, and toiletries and audits regularly to ensure quality. It began with one hotel in 2013 and has grown to over 2,000 partner hotels and 20,000 rooms by 2015, expanding to new cities. OYO reaches out to hotels to partner and also audits them to determine changes needed to meet its standards before listing.
Best Places to Stay in New Brunswick, Canada.Mahogany Manor
New Brunswick, a picturesque province in eastern Canada, offers a plethora of unique and charming places to stay for every kind of traveler. From the historic allure of Fredericton and the vibrant culture of Saint John to the natural beauty of Fundy National Park and the serene coastal towns like St. Andrews by-the-Sea, there's something for everyone. Whether you prefer luxury resorts, cozy inns, rustic lodges, or budget-friendly options, the best places to stay in New Brunswick ensure a memorable stay, allowing you to fully immerse yourself in the province's rich history, stunning landscapes, and warm hospitality.
https://www.mmanor.ca/blog/best-5-bed-and-breakfast-new-brunswick-canada
Wayanad-The-Touristry-Heaven to the tour.pptxcosmo-soil
Wayanad, nestled in Kerala's Western Ghats, is a lush paradise renowned for its scenic landscapes, rich biodiversity, and cultural heritage. From trekking Chembra Peak to exploring ancient Edakkal Caves, Wayanad offers thrilling adventures and serene experiences. Its vibrant economy, driven by agriculture and tourism, highlights a harmonious blend of nature, tradition, and modernity.
Assessing the Influence of Transportation on the Tourism Industry in Nigeriagsochially
This research dissertation investigates the complex interplay between transportation and the tourism industry in Nigeria, aiming to unravel critical insights that contribute to the enhancement of the overall tourist experience. The study employs a multi-faceted approach, literature review establishes a robust theoretical framework, incorporating The Service Quality and Satisfaction Theory to guide the research questions and hypotheses.
The methodology involves the distribution of a structured questionnaire, ensuring a representative sample and facilitating a comprehensive analysis of the gathered data.
Key findings include the nuanced perceptions of transportation infrastructure adequacy, safety and security concerns, financial influences on travel decisions, and the cultural and ecological impacts of transportation choices. These findings culminate in a comprehensive set of recommendations for policymakers and practitioners in the Nigerian tourism industry. The findings contribute to the existing literature by providing actionable insights for policymakers, stakeholders, and researchers in the Nigerian tourism sector.
The recommendations encompass gender-sensitive planning, infrastructure enhancements, safety measures, and strategic interventions to address financial constraints, ensuring a holistic and sustainable development of the tourism industry in Nigeria.
Author: Imafidon Osademwingie Martins
Our excursions in tahiti offer stunning lagoon tours, vibrant marine life encounters, and cultural experiences. We ensure unforgettable adventures amidst breathtaking landscapes and serene waters. For more information, mail us at tracey@uniquetahiti.com.
Un viaje a Buenos Aires y sus alrededoresJudy Hochberg
A travelogue of my recent trip to Argentina, most to Buenos Aires, but including excursion to Iguazú waterfalls, Tigre, and Colonia del Sacramento in Uruguay
You can easily change/correct a name on your flight ticket under the American Airlines name change policy. The airline provides multiple online and offline modes to place a name change request. To learn more about how to change a name on American Airlines ticket, you can directly approach the airline’s customer support. Moreover, you can connect with a flight expert at +1-866-738-0741 for quick assistance.
What Challenges Await Beginners in SnowshoeingSnowshoe Tahoe
Discover the exhilarating world of snowshoeing through our presentation, highlighting the challenges faced by beginners. From physical exertion to technical finesse and braving harsh winter conditions, each step in the snow brings new obstacles and unforgettable adventures. Embrace the challenge and conquer the winter wonderland with confidence!
Discovering Egypt A Step-by-Step Guide to Planning Your Trip.pptImperial Egypt
Travelling to Egypt is like stepping into a time capsule where the past and present coexist, offering a unique blend of history, culture, and stunning landscapes.
See more: https://imperialegypt.com/tour-packages/
How To Change Your Name On American Airlines Aadvantage.pptxedqour001namechange
American Airlines permits passengers to change/correct names on their AAdvantage account. Also, you can request a name change both online via a web portal and offline over the phone. For further information on how to change your name on American Airlines Advantage, get in touch with the airline’s customer service. Also, you can reach out to a consolidation desk at +1-866-738-0741 for quick assistance.
How do I plan a Kilimanjaro Climb?
Planning to climb Mount Kilimanjaro is an exciting yet detailed process. Here’s a step-by-step guide to help you prepare for this incredible adventure.
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.