Why Oyo and rivals may not be the answer for unchained hotels in Asia
Oyo and its rivals are likely to be around in the next 10 years, but the big question is whether penetration can keep up with their valuations.
Products & Services ∙ OYOTag
Oyo and its rivals are likely to be around in the next 10 years, but the big question is whether penetration can keep up with their valuations.
Products & Services ∙ OYOThe company has scaled up partly by promising hoteliers monthly payments, made possible by SoftBank’s money. Payments that now increasingly get canceled or cut, as Oyo strives for profitability rather than just growth.
Products & Services ∙ OYOOyo Hotels and Homes is raising $1.5 billion from founder Ritesh Agarwal, SoftBank Group Corp. and other investors as the India lodging startup expands into foreign markets such as the U.S. and Europe.
Products & Services ∙ OYODifferentiating in the travel distribution landscape, which is becoming less fragmented and more competitive than ever, is complicated.
Products & Services ∙ OYOThe company has acquired a Copenhagen-based data science company, with machine learning and business intelligence capabilities, specialized in dynamic pricing.
Technology ∙ OYOOYO Rooms has secured distribution deals in place with every major online travel agency around the world.
Products & Services ∙ OYOOyo Rooms has partnered China's largest online travel aggregator Ctrip.com to extend its offerings to travellers.
Products & Services ∙ OYOOYO has made an acquisition to expand its footprint into Europe, specifically around self-catering home rentals.
Products & Services ∙ OYO