OYO HOMESTAYS
Driven by surge in Ayodhya, Oyo to open 400 new properties in major spiritual hotspots
Budget hospitality chain Oyo plans to launch 400 new properties in major spiritual hotspots of the country, including Ayodhya, Puri, Shirdi, Varanasi, Amritsar, Tirupati, Haridwar, Katra-Vaishno Devi, and the Char Dham route. This move is in response to a surge in domestic travel and rising interest in spiritual tourism. The company aims to cater to the increasing demand for accommodation near key landmarks and religious sites.
Oyo inaugurates 65 hotels and homes in Ayodhya for pilgrims
Budget hospitality chain Oyo has inaugurated 65 hotels and homestays in Ayodhya, days before the consecration of the Ram Temple. The properties, with prices starting at Rs 1000, aim to provide comfortable and affordable accommodations for pilgrims and travellers visiting Ayodhya. Oyo has partnered with the Ayodhya Development Authority and the Uttar Pradesh State Tourism Development Corporation for smooth operations.
Travel, tour firms pad up for cricket World Cup; expect big sales
Travel and tourism companies are expecting a boost in business as the ICC Men's Cricket World Cup matches begin in India. Companies are offering bundled packages that include post-match exploration of the respective destinations. There has been an increase in flight bookings, hotel reservations, and apartment and homestay rentals.
Cricket World Cup drives up accomodation bookings, room tariffs in host cities
"Even 3-star and lower-category hotels have witnessed a doubling in their room rates. The cricket fever has truly taken hold, as we observe a remarkable double-digit growth in all the cities surrounding the World Cup venues," Malik said, adding queries and growing interest in flight bookings are continuing.
Oyo to add 50 homestays, hotels in Rameswaram and Ramanathapuram
The company said most of the homestays will be near Ramanathaswamy Temple.
OYO to add 500 hotels in host cities of upcoming cricket world cup
Hospitality technology platform OYO on Friday said it will add 500 new hotels in the next three months in host cities of the upcoming men's cricket world cup in India, to meet the anticipated increase in booking demand.
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Oyo to open 50 hotels in Ayodhya
Oyo has announced it will expand its offerings with 50 new properties in Ayodhya this year. The properties will include 25 homestays run by homeowners and 25 small and medium-sized hotels. Oyo claims its data shows hotels onboarded on the Oyo platform independent budget hotels of a similar size double their revenue within three months.
Oyo plans deeper presence in south India with 600 new hotels by Dec
Last month, the company announced it was launching 75 new Oyo homestays in Jammu and Kashmir as part of Azadi Ka Amrit Mahotsav.
J&K Lieutenant Governor Manoj Sinha inaugurates 75 Oyo homestays
The inauguration is a part of the ongoing Azadi Ka Amrit Mahotsav - an initiative of the Government of India to celebrate and commemorate 75 years of independence.
Work from Anywhere: From hotel rooms to cafes, professionals turn innovative
Work-from-home is so passe that well-placed and well-paid employees are now checking out the scenery not too far from home.
India's small towns hotbeds of entrepreneurship: OYO CEO Ritesh Agarwal
The rapid evolution of internet infrastructure, allowing cheap and quick distribution at scale, combined with access to capital provides the opportunity for a large number of small businesses in the country to scale up and become high quality sizable companies, he added.
Tourism sector recovering; sense of optimism in industry: OYO CEO Ritesh Agarwal
Talking about new trends of vacations in remote work mode amid COVID-19, Agarwal said workations, homestays and rural tourism are here to stay for a long time.
Oyo to offer free accommodation to Ukraine refugees
Starting with Poland, Oyo has initiated concerted efforts to appeal to its 600-plus Belvilla homeowners on its platform in Poland to open their holiday homes to refugees.
Destination love: OYO survey shows Paris, Maldives among Indians’ favourite romantic spots abroad; Goa is the go-to address for homebirds
A whopping 84 per cent respondents believe that travel strengthens their relationships with loved ones.
Indians appreciate vacations with loved ones more compared to pre-pandemic days, states OYO survey
A majority of Indian respondents voted for Paris as the city that best defines the statement 'Love is in the air', followed by Goa and Kolkata. However, as for India's top international wish list for Valentine's Day, the survey said, "With 28 per cent each, India remains divided between Paris and Maldives. Switzerland takes the third spot."
Staycations, workations, homestays emerge new watchwords for tourism sector
According to OYO's fourth year-end annual index - OYO Travelopedia 2021, 65 per cent of respondents in India have travelled in the past six months and a majority of them visited their loved ones, while some went for a getaway from their daily routines and travelled for leisure.
Oyo, Airbnb, EaseMyTrip, Yatra launch industry body for tourism industry
The formation of Confederation of Hospitality Technology and Tourism Industry by Oyo, Airbnb, EaseMyTrip and Yatra is a “landmark decision” to boost India’s robust tourism market, Tourism Minister Prahlad Singh Patel says.
When will we go on vacation again? Tourism industry waits for Covid mayhem to end
If 2020 was tough for the travel and hospitality industry, this year has been even more tumultuous. The sector is, however, not losing hope.
FICCI and Oyo launch online certification course for hospitality industry
Oyo said the course will focus on redesigning the sanitisation protocols and minimising person-to-person contact for hotels in line with the standard operating procedures announced by the ministry of tourism.
SOTC Travel launches homestays in partnership with OYO
Travelers can now book homestays starting at Rs 2,400 across 16 popular cities in India via SOTC Travel.
Booking.com sees opportunity in India, will invest more: CEO
Tans, who rides a bike to work everyday, spoke about Oyo’s overseas expansion and its business model, hospitality industry and the OTAs and overtaking Airbnb in homestay business.
Oyo makes a Rs 1,400-crore booking for your stay
Apart from Collection O, the portfolio includes Oyo Rooms, Townhouse, SilverKey, Capital O and Palette Resorts. In the homestay segment, Oyo Home grew fivefold in 2018.
Room for growth: Indian Hotels MD Puneet Chhatwal's key to unlock value
Chhatwal wants to unlock value by matching growth with optimum use of resources and consolidation.
Oyo good for market: KJ Alphons
The tourism ministry came out with its own set of voluntary guidelines for OTAs and bed-and-breakfast establishments and home-stay options on December 7. The ministry had said the guidelines have been devised to ensure that there are adequate safeguards against deficiency of service.
OYO Hotels to double number of hotels to 400+ in a year
OYO Hotels announces expansion plans for Odisha to double footprint in the state by raising the total count of hotels to 400 from over 190 at present in the next one year.
Empty flat? Your next tenant could be Oyo
Wondering what to do with your flat that's lying vacant? Hotel aggregator OYO may be able to help.
OYO in talks for partnerships with realty players
The SoftBank-backed company is betting big on this category, which will come under its budget brand 'OYO Rooms', and is in advanced talks for partnerships with various real estate players for the vertical.
Airbnb, OYO pitch in to frame regulations
ET had reported this month that the ministry of tourism is currently in discussions to issue draft guidelines for accrediting online platforms that have home-stay owners and hotels registered with them.
India may become next country to impose strict guidelines on room aggregators like Oyo, Airbnb
The ministry of tourism is in discussions on guidelines for accrediting online platforms that have homestay owners and hotels registered with them.
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