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.
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 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 report presentation provides complete marketing model of the next unicorn startup by Ritesh Aggarwal.
Ranging from variety of product's explanation it analyse the marketing mix of OYO rooms.
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 ppt contains The life story of Ritesh agarwal , the Indian Entrepreneur who is founder of OYO rooms and has current net worth of 360 Cr and is world's 2nd youngest billionaire in 2020
Oyo rooms: Business, Strategy and CompetitionAniket Hinge
The presentation will take you through the hospitality business in India and how OYO positioned itself in a unique way. The business plan and communication strategy used is analysed to decode its success formula.
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 report presentation provides complete marketing model of the next unicorn startup by Ritesh Aggarwal.
Ranging from variety of product's explanation it analyse the marketing mix of OYO rooms.
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 ppt contains The life story of Ritesh agarwal , the Indian Entrepreneur who is founder of OYO rooms and has current net worth of 360 Cr and is world's 2nd youngest billionaire in 2020
Oyo rooms: Business, Strategy and CompetitionAniket Hinge
The presentation will take you through the hospitality business in India and how OYO positioned itself in a unique way. The business plan and communication strategy used is analysed to decode its success formula.
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.
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I won IBSAF(ICFAI Alumni Federation) Award 2018 after doing hard work during internship and learning from OYO Rooms. I solely give my respect and affection for building that potential and making me understand about the working model of hospitality sector.
This PPT will help to understand the buisness model of Oyo Rooms, How oyo rooms flurished inside and outside of India, Its fundings and buisness stratergy
Neighbourhoods invite hotel room aggregatorseTailing India
The room aggregator, which opened its first property here, is also looking to roll out its 'Townhouse' brand in the Himalayan nation, which of late is witnessing a tourist influx.
Commenting on the launch, Ritesh Agarwal, Founder and CEO of OYO, said:
“Building the category (of small and budget hotels) grounds-up, we have employed technology and operational acumen to deliver delight to our customers and unparalleled benefits to partners. Our network has witnessed robust growth to become the largest in India.”
Best Crypto Marketing Ideas to Lead Your Project to SuccessIntelisync
In this comprehensive slideshow presentation, we delve into the intricacies of crypto marketing, offering invaluable insights and strategies to propel your project to success in the dynamic cryptocurrency landscape. From understanding market trends to building a robust brand identity, engaging with influencers, and analyzing performance metrics, we cover all aspects essential for effective marketing in the crypto space.
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Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
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What You're Going to Learn
- How These 4 Leaks Force You To Work Longer And Harder in order to grow your income… improve just one of these and the impact could be life changing.
- How to SHUT DOWN the revolving door of Income Stagnation… you know, where new sales come into your magazine while at the same time existing sponsors exit.
- How to transform your magazine business by fixing the 4 “DON’Ts”...
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- How to identify which leak to fix first so you get the biggest bang for your income.
- Get actionable strategies you can use right away to improve your bookings, sales and retention.
When listening about building new Ventures, Marketplaces ideas are something very frequent. On this session we will discuss reasons why you should stay away from it :P , by sharing real stories and misconceptions around them. If you still insist to go for it however, you will at least get an idea of the important and critical strategies to optimize for success like Product, Business Development & Marketing, Operations :)
Reflect Festival Limassol May 2024.
Michael Economou is an Entrepreneur, with Business & Technology foundations and a passion for Innovation. He is working with his team to launch a new venture – Exyde, an AI powered booking platform for Activities & Experiences, aspiring to revolutionize the way we travel and experience the world. Michael has extensive entrepreneurial experience as the co-founder of Ideas2life, AtYourService as well as Foody, an online delivery platform and one of the most prominent ventures in Cyprus’ digital landscape, acquired by Delivery Hero group in 2019. This journey & experience marks a vast expertise in building and scaling marketplaces, enhancing everyday life through technology and making meaningful impact on local communities, which is what Michael and his team are pursuing doing once more with Exyde www.goExyde.com
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.