Small hotels show doubling of revenue on signing up with OYO
● Over 3700 hotels joined OYO via its new self-sign up programme ‘OYO 360’ within 6 months of its launch ● Hotels start getting new bookings through OYO by signing up within 30 minutes on OYO 360 ● Hotels that join OYO get instant visibility to the company’s 100mn+ customers through the OYO app. ● OYO also lists hotels on multiple Online Travel Agents (OTA) immediately after signup ● An Artificial IntelligenceI-based pricing engine optimises tariffs to ensure higher revenues ● Some properties that signed up on 360 in September saw approximately 80% average online demand versus only 10-20% before joining OYO April 2022: Travel is making a strong comeback. However, many traditional hotel businesses continue to rely on walk-ins and travel agents to recover demand, especially across India’s Tier II and III cities. To increase the visibility and customer base of such hotels,, global travel technology company OYO recent