OYO has experienced an impressive 250% growth in its company-serviced hotel segment, just one year after its launch in September 2023. The company has successfully added 700 hotels under its direct management, far surpassing the original target of 200 hotels. This outstanding performance has been driven by strong customer satisfaction and positive feedback from hotel owners. Guests have appreciated the consistent and comfortable stay experience, while hotel owners value the steady revenue stream generated by partnering with OYO.

 Expansion Across Indian Cities 

The company-serviced hotels have expanded to 124 cities across India, with the southern region leading the charge. Over 200 hotels have been established in cities like Bengaluru, Hyderabad, Kolkata, Jaipur, and Chennai, which have emerged as the top locations for these managed properties. Other regions, including the north, central, east, and west, have also contributed to the rapid expansion. OYO's presence in major pilgrim cities such as Varanasi, Haridwar, and Puri, along with popular leisure destinations like Goa, Kochi, Mysore, and Jaipur, has further strengthened the footprint of its company-serviced hotels.

 What Sets Company-Serviced Hotels Apart 

Company-serviced hotels are properties fully managed by OYO, ensuring operational excellence and high levels of customer satisfaction. OYO takes responsibility for the day-to-day operations, offering professional management services to ensure top-notch hospitality. In return, property owners have the opportunity to earn consistent returns and enjoy a steady cash flow through fixed rental agreements, all while being associated with a trusted global brand.

 Dedicated Focus on Quality 

These hotels are easily identifiable on OYO's app and website, marked as "Company Serviced" to highlight the company's direct involvement in their operations. Most of the properties in this segment belong to OYO's mid-premium and upper-budget brands, such as Townhouse and Collection O. This portfolio caters to both business and leisure travelers, ensuring a wide range of customer needs are met. OYO closely monitors these hotels' upkeep, customer reviews, and overall service quality to maintain high standards of operation.

 Strategic Expansion and Efficient Scaling 

The rapid growth of OYO's company-serviced hotels can be attributed to the efforts of a dedicated team of business managers and the strategic use of channel partner networks. This approach has enabled OYO to scale the segment efficiently across key regions. By leveraging data-driven insights, OYO has identified cities with increasing business travel demands, directing resources to these areas for faster growth. Additionally, the company has streamlined its operational processes, focusing on better inventory management, quicker query resolution, and reducing inefficiencies, all of which have contributed to smoother operations and better customer experiences.

 A Strategic Commitment to Global Expansion 

This expansion of company-serviced hotels is a clear indication of OYO's commitment to enhancing its premium offerings. The company aims to meet the growing demand for reliable, standardized stays, not only across India but also globally. By focusing on strategic growth in both business and leisure hubs, OYO is poised to continue its leadership in the hospitality industry and offer customers a trusted, consistent experience wherever they go.

In conclusion, OYO’s company-serviced hotels have quickly become a cornerstone of its business, reflecting both the company’s adaptability and its ability to meet evolving customer demands. The future of this segment looks promising as OYO continues to expand its offerings and invest in quality management across India and beyond.