What is the most unique aspect in Oyo business model?

What makes Oyo’s business model unique and different from other hospitality companies is its standardized hospitality services. It focuses more on user experience rather than only hotel’s room availability and prices.

Why is Oyo not profitable?

It may not be profitable yet, but the company did manage to narrow losses from ₹12,799 crore in 2020 to ₹3,929 crore in 2021. Other than the Covid-19 restrictions, causing a drag on the company’s financials is the debt it leveraged for expanding to vast new geographies.

Can you go 18+ in Oyo?

The primary guest must be at least 18 years of age to be able to check into the hotel. It is mandatory for guests to present a valid photo identification document at the time of check-in. Guests under the age of 18 must be accompanied by an adult. The Hotel reserves the right to check photo identification.

Is staying in Oyo legal?

Yes. No law in the country denies an unmarried couple a stay in a hotel. However, checking-in a couple is at the discretion of the hotel owners / managers.

Who owns OYO chain?

Ritesh Agarwal
Author: Ritesh Agarwal. Ritesh Agarwal is the founder and CEO of OYO Hotels & Homes. Travelling across India at the age of 17, Ritesh stayed in more than 100 bed and breakfasts, guest houses, and hotels to realize there was a massive dearth of affordable and good-quality hotels in the budget hotel category.

Is OYO a successful business?

In 2019, OYO generated a revenue of $951 million and witnessed an increase of 740 million dollars, 4.5 times more than 2018. As of now, it has acquired more than one million rooms in over 43 thousand hotels.

Can a boy and girl go to OYO?

Many OYO hotels allow unmarried couples. The guests need to be above 18 years of age to be allowed to check-in. Another way could be to activate the Relationship Mode on the OYO app. The Relationship Mode lets you discover couple-friendly properties and will also offer cool new features starting soon.