HospitalityBiz India
Hotels FoodService Operations Ministry Associations Equipment Editorial HR Technology Technology Advisory Board Community
Follow us on Facebook Follow us on Twitter instagram
    Home > NewsTrack
NEWSTRACK

Oyo to launch self sign-up service for hotels

Wednesday, September 1, 2021, 11:05 Hrs  [IST]

According to MoneyControl, Doubling down its focus on technology ahead of its IPO, SoftBank-backed Oyo is piloting a self sign-up service that will allow hotels to list properties on the platform in just 30 minutes, according to sources privy to the development. The move is expected to shore up the number of hotels on the platform which saw a massive decline because of the pandemic. Any hotel owner can just open the website, select from the options of home, hotel or life, a category Oyo has built for long-term stays. The person will be shown the estimated revenue it can earn by joining Oyo, based on local competition and demand patterns including the location of the property, according to one of the sources quoted above. Oyo will likely charge a base rate of around 20 percent, besides service fee and GST, among other costs. It will also take control of 100 percent of room inventory at the property and the pricing of the rooms. Once the owner joins in, all the details of the hotel including photographs and location will be synced on Oyo from the publicly available information of the property, including other online travel agencies. But the biggest question is how will the company control the quality of inventory being onboarded, something for which it had to face huge criticism in the past. According to one of the sources mentioned above, while the hotels will go live in 30 minutes, Oyo will take about 14 days to put up its signages and branding on the property. During this time, it will do all the due diligence required. It will also focus on user-generated audit forms, which will be triggered to all the customers within 60 minutes of check-in. The responses will be used to make necessary changes to the properties. Oyo offers its hotel partners revenue management suite, data analytics services and demand generation, among other things. The company has increased its investment in technology, including human resources by over 60 percent in the last two-three years, said the source quoted above.

 
Print News Email News Back
Bookmark to Add to NewsvineNewsvine Bookmark with del.icio.usdel.icio.us Digg ItDigg
Add RSS to Add to Google Add to My Yahoo! Subscribe with Bloglines Subscribe
 POST A COMMENT
* Name :    
* Email :    
* Message :  
   
RELATED NEWS
»  Minor Hotels Continues to Grow Footprint in MENA in 2022
»  Mr. Jerry’s, ready-to-serve cocktail plans to launch in West Bengal, Pondicherry, and Telangana
»  The Leela Palaces, Hotels and Resorts embarks on a journey of holistic wellbeing with 'Aujasya by The Leela'
»  Pride Hotels Ltd. to expand its footprints to 100 hotels by 2030
»  Lemon Tree Hotels signs a new property in Malad, Mumbai
»  Leisure Hotels Group Announces the Opening of Fishermen’s Lodge In Bhimtal
»  Good Travel with Marriott Bonvoy expands to close to 100 hotels and resorts across Asia Pacific
»  Choice Hotels India strengthens footprints in Rishikesh with Comfort Inn Rishikesh
»  Welcomhotel by ITC Hotels, Cathedral Road, Chennai bags Platinum Rating under Leadership in Energy and Environmental Design (LEED)
»  Sarovar Hotels opens Golden Tulip in Jalandhar
»  OYO buys Direct Booker; INR 40 crore deal to expand OYO’s footprint to Europe
»  Pride Group of Hotels launches 'Pride Biznotel' in Sasan Gir
»  Zuri Hotels & Resorts announces the Operational Handover of their in-house Onshore Casino in Goa to Delta Corp.
»  InterGlobe Hotels appoints Shiva Kumar K V as the Chief Financial Officer.
»  Kaam.com partners with the NRAI to launch India’s First Employment and Skilling Platform for the Hospitality Industry
»  Leisure Hotels Group Forays Into Offering Stand-Alone Banquets & Lawns
»  Noesis successfully facilitates three hotel transactions for Ginger Hotels
»  La Vie Hotels & Resorts expands its presence in Sri Lanka with three key Radisson Hotel signings
»  Radisson Resort Pondicherry Bay celebrates the launch of the first International resort in Pondicherry
»  Lords Hotels and Resorts elevates employees into Senior Management position
 
CoverStory
Analysis
 
  The Indian Institute of Architects (IIA) Natcon 2020 virtual event concludes successfully
  Winners of The Park Elle Décor Student Contest felicitated at Indian Design ID 2020
 
weekly
Receive the best of Hospitality content in your mailbox.
Weekly e-Newsletter
Events Calendar




Events
 
 
people
interview
newappoint
expert
© Copyright 2016 Saffron Synergies Pvt Ltd
HOME   |   ABOUT US   |   CONTACT US   |   FEEDBACK   |   DISCLAIMER   |   SITE MAP   |   ARCHIVES