OYO Rooms, popularly known as OYO, is one of the largest hospitality chains in the world. Known for its affordable stays and extensive network, it has revolutionized the way travellers book hotels. Whether you are searching for OYO Rooms near me, in Bangalore, Hyderabad, Chennai, Delhi, or Goa, the platform offers a wide range of options at competitive prices.
What is OYO?
OYO is a tech-driven hospitality company offering standardized and budget-friendly accommodations. Founded in 2013, the platform aggregates hotels, guesthouses, and vacation homes under its brand, ensuring uniform quality and customer experience.
OYO Founder
OYO was founded by Ritesh Agarwal at the age of 19. His vision was to create affordable and standardized accommodation options across India. Today, OYO has become a global player in the hospitality industry.
OYO Business Model: How Does OYO Make Money?
OYO follows an asset-light aggregator business model:
- Partnership with Hotels & Property Owners: OYO ties up with small hotels and property owners, standardizes their services, and lists them on its platform.
- Revenue Sharing: The company charges a commission (15-25%) on every booking made through its platform.
- Dynamic Pricing: Uses AI and machine learning to adjust room prices based on demand and location.
- B2B Services: Offers property management, technology solutions, and franchise services to hotel partners.
- Vacation Homes & Co-Working Spaces: Diversified revenue streams through OYO Homes and OYO Workspaces.
OYO Rooms for Couples and Family
OYO Rooms are popular among couples and family travellers because of:
- Affordable price options
- Sanitized and safe stays
- Easy booking through the OYO app and website
- Flexible check-in and check-out policies
OYO in India and US
- OYO in India: With presence in more than 500 cities including Bangalore, Hyderabad, Chennai, Delhi, and Goa, OYO has built an extensive network.
- OYO in US: Expanded its footprint to the US, offering budget hotels and vacation rentals across multiple states.
Why OYO Stands Out from Competitors
- Standardized amenities like free Wi-Fi, clean linen, and complimentary breakfast
- User-friendly app for easy booking
- Strong loyalty programs and OYO Wizard membership
- 24×7 customer support for travellers
Average OYO Rooms Price
Prices vary depending on the city and season but generally range from Rs 800 – Rs 3,000 per night in India, making it a top choice for budget-conscious travellers.
Find OYO Rooms Near Me
With thousands of partner hotels, travellers can easily search for OYO Rooms near me through the website or app, filter by location, budget, and amenities, and book instantly.
