SlideShare a Scribd company logo
OYO Rooms
Introduction
 Oyo room is indias largest branded network of hotels,
founded by Ritesh agarwal.
 It operates min more than 100 cities in India.
 First in class app based hotel booking on the. Go
 Headquatered and operated by Gurgaon Haryana.
 First started by name of Oravel Stays pvt ltd. In 2012.
 Ritesh Agarwal 21 year old owner of Oyo Rooms.
 Drooped out college in 2012 when he was 17 year old for his startup.
Founder
Funding
 2012: OYO Rooms got its first round of funding from Venture Nursery in
December 2012.
 2014: Another round of funding came from Lightspeed Ventures in
February 2014.
 2015: In March 2015, OYO Rooms raised $25 million from Lightspeed,
Sequoia and others.
 2015: In July, 2015, OYO Rooms raised $100 million from SoftBank.
Business Model & Growth
 OYO Rooms is an online aggregator of budget hotels. OYO Rooms
partners with hotels with the aim of standardization on various
measures in each room including free wifi and breakfast, flatscreen TVs,
spotless white bed linen of a certain thread count, branded toiletries, 6-
inch shower heads, a beverage tray and so on.
 The standards are audited every few days so that the customers are
assured a quality experience. OYO’s budget stays range from 999 ($16)
to 4,000 rupees ($66). OYO provides property owners with support such
as quality standardized supplies and service training. OYO boasts of a
24x7 in-house customer service center.
 OYO Rooms started with 1 city and 1 hotel (OYO Rooms Huda City
Centre) in Gurgaon in May 2013 and has seen a tremendous growth.
The company as of August 2015 has 2,000+ hotels (more than 20,000
rooms) in 100+ cities of India.[15] The company plans to add more than
50 cities by the end of 2015.[16] OYO Rooms has been named India's
largest budget hotel chain.
Cont..
Listing of hotels
 OYO Rooms reaches out to prospective hotels to partner with them. A
hotel owner can also reach out to OYO through their webpage.
 The OYO team then contacts the hotel and audits the hotel to
understand the changes needed to standardize the property as per
OYO standards, and shares other details of the partnership
agreement.
Thank you

More Related Content

What's hot

Oyo Business Models
Oyo Business ModelsOyo Business Models
Oyo Business Models
Manish Tuladhar
 
OYO PPT
OYO PPTOYO PPT
OYO PPT
KomalRajput20
 
Oyoroom
OyoroomOyoroom
Oyoroom
Hamsa lekha
 
Oyo rooms ppt
Oyo rooms pptOyo rooms ppt
OYO Corporate Presentation
OYO Corporate PresentationOYO Corporate Presentation
OYO Corporate PresentationLalit Vashishtha
 
Oyo
Oyo Oyo
Success story of Ritesh Aggrwal
Success story of Ritesh AggrwalSuccess story of Ritesh Aggrwal
Success story of Ritesh Aggrwal
KishanChauhan39
 
Oyo' story
Oyo' storyOyo' story
Oyo' story
RobinMinj1
 
Swot analysis of oyo rooms
Swot analysis of oyo roomsSwot analysis of oyo rooms
Swot analysis of oyo rooms
Sanu Satyam
 
OYO Marketing Strategies
OYO Marketing StrategiesOYO Marketing Strategies
OYO Marketing Strategies
Francis Das
 
Success journey of Oyo Rooms
Success journey of Oyo RoomsSuccess journey of Oyo Rooms
Success journey of Oyo Rooms
IMS GHAZIABAD
 
Oyo Rooms
Oyo RoomsOyo Rooms
Oyo Rooms
KartikWadhwa5
 
Ritesh Agarwal-CEO of OYO rooms
Ritesh Agarwal-CEO of OYO roomsRitesh Agarwal-CEO of OYO rooms
Ritesh Agarwal-CEO of OYO rooms
praveenps17
 
Oyo rooms
Oyo roomsOyo rooms
Oyo rooms
Barbi_89
 
Entrepreneur case study oyo
Entrepreneur case study oyoEntrepreneur case study oyo
Oyo cce1
Oyo cce1Oyo cce1
Oyo cce1
Smriti Rastogi
 
Oyo ppt
Oyo pptOyo ppt
Oyo ppt
jaatjindabaad
 
Oyo case study
Oyo case studyOyo case study
Oyo case study
Ashish Kumar
 
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
 
OYO Live Project - Workflow & Guidelines
OYO Live Project - Workflow & GuidelinesOYO Live Project - Workflow & Guidelines
OYO Live Project - Workflow & Guidelines
Oyster Learning
 

What's hot (20)

Oyo Business Models
Oyo Business ModelsOyo Business Models
Oyo Business Models
 
OYO PPT
OYO PPTOYO PPT
OYO PPT
 
Oyoroom
OyoroomOyoroom
Oyoroom
 
Oyo rooms ppt
Oyo rooms pptOyo rooms ppt
Oyo rooms ppt
 
OYO Corporate Presentation
OYO Corporate PresentationOYO Corporate Presentation
OYO Corporate Presentation
 
Oyo
Oyo Oyo
Oyo
 
Success story of Ritesh Aggrwal
Success story of Ritesh AggrwalSuccess story of Ritesh Aggrwal
Success story of Ritesh Aggrwal
 
Oyo' story
Oyo' storyOyo' story
Oyo' story
 
Swot analysis of oyo rooms
Swot analysis of oyo roomsSwot analysis of oyo rooms
Swot analysis of oyo rooms
 
OYO Marketing Strategies
OYO Marketing StrategiesOYO Marketing Strategies
OYO Marketing Strategies
 
Success journey of Oyo Rooms
Success journey of Oyo RoomsSuccess journey of Oyo Rooms
Success journey of Oyo Rooms
 
Oyo Rooms
Oyo RoomsOyo Rooms
Oyo Rooms
 
Ritesh Agarwal-CEO of OYO rooms
Ritesh Agarwal-CEO of OYO roomsRitesh Agarwal-CEO of OYO rooms
Ritesh Agarwal-CEO of OYO rooms
 
Oyo rooms
Oyo roomsOyo rooms
Oyo rooms
 
Entrepreneur case study oyo
Entrepreneur case study oyoEntrepreneur case study oyo
Entrepreneur case study oyo
 
Oyo cce1
Oyo cce1Oyo cce1
Oyo cce1
 
Oyo ppt
Oyo pptOyo ppt
Oyo ppt
 
Oyo case study
Oyo case studyOyo case study
Oyo case study
 
A study on B2B Oyo rooms
A study on B2B Oyo roomsA study on B2B Oyo rooms
A study on B2B Oyo rooms
 
OYO Live Project - Workflow & Guidelines
OYO Live Project - Workflow & GuidelinesOYO Live Project - Workflow & Guidelines
OYO Live Project - Workflow & Guidelines
 

Viewers also liked

Oyo rooms: Business, Strategy and Competition
Oyo rooms: Business, Strategy and CompetitionOyo rooms: Business, Strategy and Competition
Oyo rooms: Business, Strategy and Competition
Aniket Hinge
 
Oyo Business Model
Oyo Business ModelOyo Business Model
Oyo Business Model
Ninad Jape
 
Marketing strategy For OYO Rooms
Marketing strategy For OYO RoomsMarketing strategy For OYO Rooms
Marketing strategy For OYO Rooms
Naman Singh
 
OYO Rooms marketing
OYO Rooms marketing OYO Rooms marketing
OYO Rooms marketing
sudeshmn
 
5 Reasons why Branded Budget Hotels are a Hit | OYO ROOMS
5 Reasons why Branded Budget Hotels are a Hit | OYO ROOMS5 Reasons why Branded Budget Hotels are a Hit | OYO ROOMS
5 Reasons why Branded Budget Hotels are a Hit | OYO ROOMS
OYO Rooms
 
Marketing strategy of maruti suzuki
Marketing strategy of maruti suzukiMarketing strategy of maruti suzuki
Marketing strategy of maruti suzuki
saurabhkumarlohal
 
AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017
AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017
AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017
Carol Smith
 

Viewers also liked (7)

Oyo rooms: Business, Strategy and Competition
Oyo rooms: Business, Strategy and CompetitionOyo rooms: Business, Strategy and Competition
Oyo rooms: Business, Strategy and Competition
 
Oyo Business Model
Oyo Business ModelOyo Business Model
Oyo Business Model
 
Marketing strategy For OYO Rooms
Marketing strategy For OYO RoomsMarketing strategy For OYO Rooms
Marketing strategy For OYO Rooms
 
OYO Rooms marketing
OYO Rooms marketing OYO Rooms marketing
OYO Rooms marketing
 
5 Reasons why Branded Budget Hotels are a Hit | OYO ROOMS
5 Reasons why Branded Budget Hotels are a Hit | OYO ROOMS5 Reasons why Branded Budget Hotels are a Hit | OYO ROOMS
5 Reasons why Branded Budget Hotels are a Hit | OYO ROOMS
 
Marketing strategy of maruti suzuki
Marketing strategy of maruti suzukiMarketing strategy of maruti suzuki
Marketing strategy of maruti suzuki
 
AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017
AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017
AI and Machine Learning Demystified by Carol Smith at Midwest UX 2017
 

Similar to Oyo rooms

Oyo rooms (Marketing strategy)
Oyo rooms (Marketing strategy)Oyo rooms (Marketing strategy)
Oyo rooms (Marketing strategy)
Prabhakar Mallik
 
oyo INFO
oyo INFOoyo INFO
oyo INFO
HIMANKMISHRA2
 
OYO Rooms Term Report
OYO Rooms Term ReportOYO Rooms Term Report
OYO Rooms Term Report
AviralJain55
 
Case study of OYO ROOMS
Case study of OYO ROOMSCase study of OYO ROOMS
Case study of OYO ROOMS
Deepak Kumar Gouda
 
123.pptx
123.pptx123.pptx
123.pptx
Souravjassi
 
OYO(Marketing Strategy)- 7P Mix Marketing Strategy
OYO(Marketing Strategy)- 7P Mix Marketing StrategyOYO(Marketing Strategy)- 7P Mix Marketing Strategy
OYO(Marketing Strategy)- 7P Mix Marketing Strategy
MayankPanchal32
 
Oyo rooms buisness model by Sagar Adak
Oyo rooms buisness model by Sagar AdakOyo rooms buisness model by Sagar Adak
Oyo rooms buisness model by Sagar Adak
sagar adak
 
OYO Hotels and ROOM .pptx
OYO Hotels and ROOM .pptxOYO Hotels and ROOM .pptx
OYO Hotels and ROOM .pptx
amanjeetsingh52
 
Toxic culture at OYO
Toxic culture at OYOToxic culture at OYO
Toxic culture at OYO
Swapnil Sonawane
 
Oyo case study
Oyo case studyOyo case study
Oyo case study
ShivendraPratapRao2
 
CASE ANALYSIS
CASE ANALYSISCASE ANALYSIS
CASE ANALYSIS
Arham Bothra
 
Presentation oyo rooms
Presentation oyo roomsPresentation oyo rooms
Presentation oyo rooms
Harpreetsingh1657
 
Neighbourhoods invite hotel room aggregators
Neighbourhoods invite hotel room aggregatorsNeighbourhoods invite hotel room aggregators
Neighbourhoods invite hotel room aggregators
eTailing India
 
Toxic culture in oyo
Toxic culture in oyoToxic culture in oyo
Toxic culture in oyo
Moosa Kazi
 
Entrepreneurship Management
Entrepreneurship ManagementEntrepreneurship Management
Entrepreneurship Management
Shubham Singh
 
English presentation
English presentationEnglish presentation
English presentation
Shri Hari Agrawal
 
Oyo rooms
Oyo roomsOyo rooms
oyo-corporate-presentation-indiax27s-largest-branded-network-of-hote-ls_compr...
oyo-corporate-presentation-indiax27s-largest-branded-network-of-hote-ls_compr...oyo-corporate-presentation-indiax27s-largest-branded-network-of-hote-ls_compr...
oyo-corporate-presentation-indiax27s-largest-branded-network-of-hote-ls_compr...
thOUGHTfORcHANGE
 
final mr.pptx
final mr.pptxfinal mr.pptx
final mr.pptx
sauravtiwari77
 

Similar to Oyo rooms (20)

Oyo rooms (Marketing strategy)
Oyo rooms (Marketing strategy)Oyo rooms (Marketing strategy)
Oyo rooms (Marketing strategy)
 
oyo INFO
oyo INFOoyo INFO
oyo INFO
 
OYO Rooms Term Report
OYO Rooms Term ReportOYO Rooms Term Report
OYO Rooms Term Report
 
Case study of OYO ROOMS
Case study of OYO ROOMSCase study of OYO ROOMS
Case study of OYO ROOMS
 
123.pptx
123.pptx123.pptx
123.pptx
 
OYO(Marketing Strategy)- 7P Mix Marketing Strategy
OYO(Marketing Strategy)- 7P Mix Marketing StrategyOYO(Marketing Strategy)- 7P Mix Marketing Strategy
OYO(Marketing Strategy)- 7P Mix Marketing Strategy
 
Oyo rooms buisness model by Sagar Adak
Oyo rooms buisness model by Sagar AdakOyo rooms buisness model by Sagar Adak
Oyo rooms buisness model by Sagar Adak
 
OYO Hotels and ROOM .pptx
OYO Hotels and ROOM .pptxOYO Hotels and ROOM .pptx
OYO Hotels and ROOM .pptx
 
Toxic culture at OYO
Toxic culture at OYOToxic culture at OYO
Toxic culture at OYO
 
Oyo case study
Oyo case studyOyo case study
Oyo case study
 
CASE ANALYSIS
CASE ANALYSISCASE ANALYSIS
CASE ANALYSIS
 
Presentation oyo rooms
Presentation oyo roomsPresentation oyo rooms
Presentation oyo rooms
 
Ch 5 A Oyo Case Study.pdf
Ch 5 A Oyo  Case Study.pdfCh 5 A Oyo  Case Study.pdf
Ch 5 A Oyo Case Study.pdf
 
Neighbourhoods invite hotel room aggregators
Neighbourhoods invite hotel room aggregatorsNeighbourhoods invite hotel room aggregators
Neighbourhoods invite hotel room aggregators
 
Toxic culture in oyo
Toxic culture in oyoToxic culture in oyo
Toxic culture in oyo
 
Entrepreneurship Management
Entrepreneurship ManagementEntrepreneurship Management
Entrepreneurship Management
 
English presentation
English presentationEnglish presentation
English presentation
 
Oyo rooms
Oyo roomsOyo rooms
Oyo rooms
 
oyo-corporate-presentation-indiax27s-largest-branded-network-of-hote-ls_compr...
oyo-corporate-presentation-indiax27s-largest-branded-network-of-hote-ls_compr...oyo-corporate-presentation-indiax27s-largest-branded-network-of-hote-ls_compr...
oyo-corporate-presentation-indiax27s-largest-branded-network-of-hote-ls_compr...
 
final mr.pptx
final mr.pptxfinal mr.pptx
final mr.pptx
 

More from Rajat Sharma

NON veg pickels
NON veg pickelsNON veg pickels
NON veg pickels
Rajat Sharma
 
Wpi and CPi
Wpi and CPiWpi and CPi
Wpi and CPi
Rajat Sharma
 
android ios windows
android  ios windowsandroid  ios windows
android ios windows
Rajat Sharma
 
facebook and its comptitors
facebook and its comptitorsfacebook and its comptitors
facebook and its comptitors
Rajat Sharma
 
muthoot finance
muthoot financemuthoot finance
muthoot finance
Rajat Sharma
 
Satyam scam
Satyam scam Satyam scam
Satyam scam
Rajat Sharma
 
Service design for mobile banking
Service design for mobile bankingService design for mobile banking
Service design for mobile banking
Rajat Sharma
 
Breach of contract
Breach of contractBreach of contract
Breach of contract
Rajat Sharma
 
Job analysis
Job analysisJob analysis
Job analysis
Rajat Sharma
 
Organaisation structure
Organaisation structureOrganaisation structure
Organaisation structure
Rajat Sharma
 
State bank of india
State bank of indiaState bank of india
State bank of india
Rajat Sharma
 
Electronic payment System
Electronic payment SystemElectronic payment System
Electronic payment System
Rajat Sharma
 
rajya n lok sabha - Raj edicos
rajya n lok sabha - Raj edicos rajya n lok sabha - Raj edicos
rajya n lok sabha - Raj edicos
Rajat Sharma
 
Sebi n bnking rgultions raj edicos
Sebi n bnking rgultions  raj edicosSebi n bnking rgultions  raj edicos
Sebi n bnking rgultions raj edicos
Rajat Sharma
 
Social Networking - raj edicos
Social Networking - raj edicosSocial Networking - raj edicos
Social Networking - raj edicos
Rajat Sharma
 
Personality & Self Esteem - raj edicos
Personality & Self Esteem - raj edicosPersonality & Self Esteem - raj edicos
Personality & Self Esteem - raj edicos
Rajat Sharma
 
Budgeting - raj edicos
Budgeting - raj edicosBudgeting - raj edicos
Budgeting - raj edicos
Rajat Sharma
 
green marketing - raj edicos
green marketing - raj edicosgreen marketing - raj edicos
green marketing - raj edicos
Rajat Sharma
 
Meghalya
MeghalyaMeghalya
Meghalya
Rajat Sharma
 
Maharashtra gateway to india presentation
Maharashtra gateway to india  presentationMaharashtra gateway to india  presentation
Maharashtra gateway to india presentation
Rajat Sharma
 

More from Rajat Sharma (20)

NON veg pickels
NON veg pickelsNON veg pickels
NON veg pickels
 
Wpi and CPi
Wpi and CPiWpi and CPi
Wpi and CPi
 
android ios windows
android  ios windowsandroid  ios windows
android ios windows
 
facebook and its comptitors
facebook and its comptitorsfacebook and its comptitors
facebook and its comptitors
 
muthoot finance
muthoot financemuthoot finance
muthoot finance
 
Satyam scam
Satyam scam Satyam scam
Satyam scam
 
Service design for mobile banking
Service design for mobile bankingService design for mobile banking
Service design for mobile banking
 
Breach of contract
Breach of contractBreach of contract
Breach of contract
 
Job analysis
Job analysisJob analysis
Job analysis
 
Organaisation structure
Organaisation structureOrganaisation structure
Organaisation structure
 
State bank of india
State bank of indiaState bank of india
State bank of india
 
Electronic payment System
Electronic payment SystemElectronic payment System
Electronic payment System
 
rajya n lok sabha - Raj edicos
rajya n lok sabha - Raj edicos rajya n lok sabha - Raj edicos
rajya n lok sabha - Raj edicos
 
Sebi n bnking rgultions raj edicos
Sebi n bnking rgultions  raj edicosSebi n bnking rgultions  raj edicos
Sebi n bnking rgultions raj edicos
 
Social Networking - raj edicos
Social Networking - raj edicosSocial Networking - raj edicos
Social Networking - raj edicos
 
Personality & Self Esteem - raj edicos
Personality & Self Esteem - raj edicosPersonality & Self Esteem - raj edicos
Personality & Self Esteem - raj edicos
 
Budgeting - raj edicos
Budgeting - raj edicosBudgeting - raj edicos
Budgeting - raj edicos
 
green marketing - raj edicos
green marketing - raj edicosgreen marketing - raj edicos
green marketing - raj edicos
 
Meghalya
MeghalyaMeghalya
Meghalya
 
Maharashtra gateway to india presentation
Maharashtra gateway to india  presentationMaharashtra gateway to india  presentation
Maharashtra gateway to india presentation
 

Recently uploaded

Best Crypto Marketing Ideas to Lead Your Project to Success
Best Crypto Marketing Ideas to Lead Your Project to SuccessBest Crypto Marketing Ideas to Lead Your Project to Success
Best Crypto Marketing Ideas to Lead Your Project to Success
Intelisync
 
Web Technology LAB MANUAL for Undergraduate Programs
Web Technology  LAB MANUAL for Undergraduate ProgramsWeb Technology  LAB MANUAL for Undergraduate Programs
Web Technology LAB MANUAL for Undergraduate Programs
Chandrakant Divate
 
Showcase Portfolio- Marian Andrea Tana.pdf
Showcase Portfolio- Marian Andrea Tana.pdfShowcase Portfolio- Marian Andrea Tana.pdf
Showcase Portfolio- Marian Andrea Tana.pdf
MarianAndreaSTana
 
Get To Know About Salma Karina Hayat.pdf
Get To Know About Salma Karina Hayat.pdfGet To Know About Salma Karina Hayat.pdf
Get To Know About Salma Karina Hayat.pdf
Salma Karina Hayat
 
Dining Tables and Chairs | Furniture Store in Sarasota, Florida
Dining Tables and Chairs | Furniture Store in Sarasota, FloridaDining Tables and Chairs | Furniture Store in Sarasota, Florida
Dining Tables and Chairs | Furniture Store in Sarasota, Florida
The Sarasota Collection Home Store
 
Textile Chemical Brochure - Tradeasia (1).pdf
Textile Chemical Brochure - Tradeasia (1).pdfTextile Chemical Brochure - Tradeasia (1).pdf
Textile Chemical Brochure - Tradeasia (1).pdf
jeffmilton96
 
Create a spend money transaction during bank reconciliation.pdf
Create a spend money transaction during bank reconciliation.pdfCreate a spend money transaction during bank reconciliation.pdf
Create a spend money transaction during bank reconciliation.pdf
andreakaterasco
 
Office Furniture | Furniture Store in Sarasota, Florida | Sarasota Collection
Office Furniture | Furniture Store in Sarasota, Florida | Sarasota CollectionOffice Furniture | Furniture Store in Sarasota, Florida | Sarasota Collection
Office Furniture | Furniture Store in Sarasota, Florida | Sarasota Collection
The Sarasota Collection Home Store
 
How to Build a Diversified Investment Portfolio.pdf
How to Build a Diversified Investment Portfolio.pdfHow to Build a Diversified Investment Portfolio.pdf
How to Build a Diversified Investment Portfolio.pdf
Trims Creators
 
How To Leak-Proof Your Magazine Business
How To Leak-Proof Your Magazine BusinessHow To Leak-Proof Your Magazine Business
How To Leak-Proof Your Magazine Business
Charlie McDermott
 
Michael Economou - Don't build a marketplace.pdf
Michael Economou - Don't build a marketplace.pdfMichael Economou - Don't build a marketplace.pdf
Michael Economou - Don't build a marketplace.pdf
Michael Oikonomou
 

Recently uploaded (11)

Best Crypto Marketing Ideas to Lead Your Project to Success
Best Crypto Marketing Ideas to Lead Your Project to SuccessBest Crypto Marketing Ideas to Lead Your Project to Success
Best Crypto Marketing Ideas to Lead Your Project to Success
 
Web Technology LAB MANUAL for Undergraduate Programs
Web Technology  LAB MANUAL for Undergraduate ProgramsWeb Technology  LAB MANUAL for Undergraduate Programs
Web Technology LAB MANUAL for Undergraduate Programs
 
Showcase Portfolio- Marian Andrea Tana.pdf
Showcase Portfolio- Marian Andrea Tana.pdfShowcase Portfolio- Marian Andrea Tana.pdf
Showcase Portfolio- Marian Andrea Tana.pdf
 
Get To Know About Salma Karina Hayat.pdf
Get To Know About Salma Karina Hayat.pdfGet To Know About Salma Karina Hayat.pdf
Get To Know About Salma Karina Hayat.pdf
 
Dining Tables and Chairs | Furniture Store in Sarasota, Florida
Dining Tables and Chairs | Furniture Store in Sarasota, FloridaDining Tables and Chairs | Furniture Store in Sarasota, Florida
Dining Tables and Chairs | Furniture Store in Sarasota, Florida
 
Textile Chemical Brochure - Tradeasia (1).pdf
Textile Chemical Brochure - Tradeasia (1).pdfTextile Chemical Brochure - Tradeasia (1).pdf
Textile Chemical Brochure - Tradeasia (1).pdf
 
Create a spend money transaction during bank reconciliation.pdf
Create a spend money transaction during bank reconciliation.pdfCreate a spend money transaction during bank reconciliation.pdf
Create a spend money transaction during bank reconciliation.pdf
 
Office Furniture | Furniture Store in Sarasota, Florida | Sarasota Collection
Office Furniture | Furniture Store in Sarasota, Florida | Sarasota CollectionOffice Furniture | Furniture Store in Sarasota, Florida | Sarasota Collection
Office Furniture | Furniture Store in Sarasota, Florida | Sarasota Collection
 
How to Build a Diversified Investment Portfolio.pdf
How to Build a Diversified Investment Portfolio.pdfHow to Build a Diversified Investment Portfolio.pdf
How to Build a Diversified Investment Portfolio.pdf
 
How To Leak-Proof Your Magazine Business
How To Leak-Proof Your Magazine BusinessHow To Leak-Proof Your Magazine Business
How To Leak-Proof Your Magazine Business
 
Michael Economou - Don't build a marketplace.pdf
Michael Economou - Don't build a marketplace.pdfMichael Economou - Don't build a marketplace.pdf
Michael Economou - Don't build a marketplace.pdf
 

Oyo rooms

  • 2. Introduction  Oyo room is indias largest branded network of hotels, founded by Ritesh agarwal.  It operates min more than 100 cities in India.  First in class app based hotel booking on the. Go  Headquatered and operated by Gurgaon Haryana.  First started by name of Oravel Stays pvt ltd. In 2012.
  • 3.  Ritesh Agarwal 21 year old owner of Oyo Rooms.  Drooped out college in 2012 when he was 17 year old for his startup. Founder
  • 4. Funding  2012: OYO Rooms got its first round of funding from Venture Nursery in December 2012.  2014: Another round of funding came from Lightspeed Ventures in February 2014.  2015: In March 2015, OYO Rooms raised $25 million from Lightspeed, Sequoia and others.  2015: In July, 2015, OYO Rooms raised $100 million from SoftBank.
  • 5. Business Model & Growth  OYO Rooms is an online aggregator of budget hotels. OYO Rooms partners with hotels with the aim of standardization on various measures in each room including free wifi and breakfast, flatscreen TVs, spotless white bed linen of a certain thread count, branded toiletries, 6- inch shower heads, a beverage tray and so on.  The standards are audited every few days so that the customers are assured a quality experience. OYO’s budget stays range from 999 ($16) to 4,000 rupees ($66). OYO provides property owners with support such as quality standardized supplies and service training. OYO boasts of a 24x7 in-house customer service center.
  • 6.  OYO Rooms started with 1 city and 1 hotel (OYO Rooms Huda City Centre) in Gurgaon in May 2013 and has seen a tremendous growth. The company as of August 2015 has 2,000+ hotels (more than 20,000 rooms) in 100+ cities of India.[15] The company plans to add more than 50 cities by the end of 2015.[16] OYO Rooms has been named India's largest budget hotel chain. Cont..
  • 7. Listing of hotels  OYO Rooms reaches out to prospective hotels to partner with them. A hotel owner can also reach out to OYO through their webpage.  The OYO team then contacts the hotel and audits the hotel to understand the changes needed to standardize the property as per OYO standards, and shares other details of the partnership agreement.