OYO Rooms Coupons and Offers- June 2023
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OYO Rooms - India's Largest Branded Network of Hotels
Significantly, Start-ups in travel business have received more funding than ecommerce marketplaces so far in 2016, according to data sourced from research firm Tracxn. Travel start-ups have received US$ 366,450,000 while ecommerce marketplace start-ups have received US$ 357,831,100 in funding since the beginning of 2016, as per the report.
Affordable and Clean Stay Options
OYO Rooms, besides offering clean room option, equipped with all basic amenities such as AC and Wifi, are one of the most affordable options to go for. OYO rooms offer an awesome experience to their users. They are present in every small and big city, and offer multiple discounts and deals on a regular basis.
Accommodation for All, Across India
OYO Rooms started in May 2013 with a single hotel – with 6000+ hotels at present, OYO Rooms has demonstrated an inspiring journey from a smart idea to India's largest branded network of hotels with a vision of becoming the world's largest branded network of hotels. The company has so far raised US$ 125 million in three rounds of funding. In August 2015, OYO Rooms raised US$ 100 million in a funding round led by SoftBank. OYO’s other backers include Sequoia Capital, Lightspeed Venture Partners and Greenoaks Capital.
Oyo Rooms competes with MakeMyTrip and Goibibo – with these firms it entered into the hotel leasing business under a program called Oyo Flagship, earlier in 2016. In January 2016, it started operations in Malaysia, the company’s first venture outside its home market.
Oyo Rooms Key Facts
- OYO Rooms is India's largest branded network of hotels spread across 182 cities with 6000+ hotels offering standardized stay experiences at highly competitive price
- OYO offers rooms at prices that no other player in the budget segment offers today
- The group registered 2.3 million room nights in the first quarter of 2016
- It is betting on online marketplace OYO Bazar, a one-stop shop for hotels to source their daily essentials required to operate business, with the objective of boosting loyalty among its partners and maintaining margins - the company is planning to expand the online marketplace to 500 SKUs in the next two months with more products such as cleaning supplies, crockery, bathroom wares and room and kitchen appliances
- In June 2016, OYO Rooms has entered into a partnership with payments solutions firm ItzCash to facilitate payments for hotel bookings for its customers. The partnership will help OYO tap customers who do not have access to either a debit or a credit card
- It has also partnered with mobile recharge service, Freecharge, which allows users to make payments through Freecharge wallet, on-the-go
- OYO Rooms has recently launched an app-based hotel booking platform for business travellers - OYO for Business. The service will offer accommodation in more than 6,000 hotels across 180 Indian cities, with rates including Wi-Fi and breakfast
OYO Rooms Coupons and Offers
OYO Rooms offers most competitive rates for hotel stay.
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OYO Rooms coupon code can be sourced through multiple partner or affiliate sites – these coupons make hotel booking all the more economical, offering customers additional benefits and discounts. Customers can find different types of OYO Rooms promo code for hotels offering flat discounts, extra discounts and cashback, applicable above a particular priced booking, for a specified duration. There has been a huge response for OYO Rooms online hotel booking. Travellers can find lot of discount options with sale applicable on Online Hotel Booking at Goa, Mumbai, Pune, Hyderabad, Bangalore, Chennai, Shimla, Manali etc on Oyo Rooms.
Oyo Rooms Key Products
OYO Room’s current portfolio consists of hotel rooms, holiday packages consisting of transport, assisted services and local activities, stay across its leisure destinations, marketplace (OYO Bazaar) and cruises. The services are being offered in partnership with local travel agents on a revenue share basis. The packages are being offered across Gangtok, Uttarakhand, Tamil Nadu, Goa, Himachal Pradesh, Kerala, Rajasthan, the North East and Kashmir, among other regions, as per the website. The company has no plans to get into flight or train ticket booking business.
Oyo has also ventured in other segments, offering services beyond plain accommodation, for events like weddings, long stays, conferences and internships. The company works with different partners who can support these services.
How is OYO Rooms different from an online travel agent (OTA) or an online market place of hotel rooms?
Booking through OYO Rooms ensures that you get a guaranteed amazing OYO experience across all hotels under the OYO Rooms network unlike an online marketplace where the end-user experience is not standardised.
How can I find the best deals available?
You can visit OYO Room’s webpage to check-out all the best deals available. Also, install the OYO app to remain updated about all the exciting offers going around.
What is the difference between pay at hotel and prepaid bookings?
Both the options are mode of payments through which you can pay for your bookings. Pay at hotel provides the flexibility of paying when you reach hotel, but the number of rooms that can be booked with pay at hotel is limited to two. Prepaid, on the other hand, enables you to book as many rooms as you want and the payment has to be made at the time of booking only.