How do you promote sale of rooms?

Hotel sales ideas

1. Let people take virtual tours of your hotel.
2. Use fresh, interesting, content to answer travellers’ questions.
3. Keep your website updated with local events.
4. Have conversations with followers on social media.
5. Link with local businesses to create lucrative partnerships.

What is Oyo strategy?

The strategy of OYO Rooms is to attract customers with a lower room price than the hotel’s base price. The primary objective is to provide for an unequaled price that suits the user’s budget.

How can a hotel Maximise profit?

Discover 10 simple ways to increase hotel revenue:

1. Make the F&B experience memorable.
2. Think beyond business and weddings.
3. Upsell rooms and services, but don’t be pesky.
4. Increase hotel revenue by hosting live events that generate buzz.
5. Showcase and sell hotel decor and linens.
6. Highlight local artisans and businesses.

How can you improve hotel occupancy to increase your revenue?

Explore 9 strategies to help increase hotel occupancy:

1. Adjust your marketing for periods of low demand.
2. Increase value with specials and packages.
3. Invest in guest services and staff training.
4. Add in-demand amenities.
5. Focus on repeat guests.
6. Work with a revenue manager.
7. Manage your online reputation.

How do I start a business with Oyo rooms?

Aspiring entrepreneurs are required to invest a sum of INR 1 crore-2 crore to launch an OYO Townhouse franchise, in addition to the working capital and investment reserves. As per the claims of the company, the franchise would receive an ROI of 40\%, resulting in a shorter payback period.

What made OYO successful?

OYO Funding Ritesh’s idea made a great impact on investors and has attracted so many of them over the years. After receiving a grant of $100,000 under the Thiel Fellowship, OYO in 2014 raised Rs 4 Crore from LightSpeed Venture Partners (LSVP) and DSG Consumer Partners at a pre-money valuation.

How can I increase my hotel reservation?

18 Ways to Boost Hotel Bookings and Get More Revenue

1. Solidify Your Hotel Guest Personas.
2. Use a Strong Value Proposition to Resonate With Guests.
3. Speed up Your Hotel Website.
4. Make Your Hotel Gallery Page Sparkle.
5. Keep Your Site as Simple As Possible.
6. Don’t Spoil Visitors With Too Much Choice.