Hotline: 1800 102 2007
Hotline: 1800 102 2007
May, 07 2019

OYO reports more than double growth in bookings amid summer travel season

Goa, Delhi and Bengaluru were the most booked destinations on OYO’s platform with Goa getting maximum traction from Bengaluru and Pune.

OYO reports more than double growth in bookings amid summer travel season

OYO, the hotel leasing chain and franchise, has posted over double growth in bookings helped by the peak travel season in summer. The growth has been resulted by an increase in travellers who plan their holidays in advance, as compared to the booking period of Jan- Mar in 2018.

Goa, Delhi and Bengaluru were the most booked destinations on OYO’s platform with Goa getting maximum traction from Bengaluru and Pune. From off-beat destinations, Coorg has been the most preferred destination, leaving behind Chail, Almora, Alwar, Chikmagalur, and Yercaud.

Among international destinations, Nepal saw a massive demand from travellers with more than 200% increase in the bookings made for the Himalayan country, compared to the last year.

Recently, the hospitality chain has acquired the Amsterdam-based @Leisure group, expanding its European presence. The move is part of the company’s plan to achieve its vision of “global real estate brand while maintaining leadership in the hospitality industry”.

OYO is spread across various countries like the UK, US, India, China, Malaysia, Nepal, the UK, UAE, Indonesia, Saudi Arabia, and the Philippines. Recently, the company has also expanded its footprint in Japan.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Casual Dine Restaurants
    Fromage, as the name suggests, is the Cheesiest place in..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Casual Dine Restaurants
    About Us: A fast-growing chain of Innovative barbecue restaurants popular for..
    Locations looking for expansion Haryana
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 30lac - 50lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Men's Footwear
    Established in 2003, Mr. Pronto is a Chennai-based brand engaged..
    Locations looking for expansion Tamil nadu
    Establishment year 2003
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
  • Quick Service Restaurants
    The Waffling Station The Waffling Station stands on two pillars -..
    Locations looking for expansion Gujarat
    Establishment year 2017
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Rajkot Gujarat
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities