The Business Model of OYO
OO, also known as OYO Rooms or OYO Hotels, is a global hospitality marketplace that helps people find affordable rooms and hotels around the world. The company lists its leased and franchised hotels on its platform, where people can select the rooms and living spaces of their choice at an affordable price. OYO has achieved unparalleled growth over the years through its aggressive expansion plans and marketing strategies. Oyo Rooms has an extensive product portfolio that is updated from time to time to meet the needs and requirements of different types of customers, leading to an expansion of its product range. The startup expanded globally with thousands of hotels, holiday homes and millions of rooms in hundreds of cities.
Hard Facts
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