With this partnership, OYO will get access to over 60,000 travel buying intermediaries around the world, which use the Hotelbeds platform.
Oyo Hotels & Homes, the budget hotel chain, has announced a strategic global distribution partnership with Spain-headquartered bedbank, Hotelbeds.
With this partnership, OYO will get access to over 60,000 travel buying intermediaries around the world, which use the Hotelbeds platform, including tour operators, airline websites, points redemption programs, loyalty plans, and MICE operators from 140+ source markets.
The partnership also provides Hotelbeds’ clients access to Oyo’s portfolio of over 18,000 franchised and leased hotels and more than 10,000 homes and villas, across ten countries.
Mark Redmond, Head of Global Chains, Hotelbeds, said, “Oyo Hotels & Homes is one of the most talked about hotel brands currently and is massively shaking up the entire sector. So, we at Hotelbeds are very pleased to be the first travel distributor given the privilege to work with them. As the largest budget hotel chain, it represents a new offering for our 60,000 plus travel buying clients using our platform, such as travel agents and tour operators – meaning our distribution channel sits perfectly with their needs. While they currently have an impressive 515,000 rooms, they’re set to increase up to one million by the end of the year and we’re looking forward to helping them find incremental and higher-yielding bookings for many of those rooms.”
Maninder Gulati, Chief Strategy Officer of OYO Hotels & Homes, stated, “At Oyo, our mission is to create a perfect space in every place by ensuring the best possible experience for our guests, and having Hotelbeds as a strategic global partner supports this vision. Hotelbeds distribution channel of business-to-business travel buyers helps us access new customer segments and geographies. The bedbank company’s cost-efficient distribution channel makes them an ideal partner to achieve our goal.”