OYO Franchise Apply in 2024, How to get OYO Room Franchise, Cost, Requirement

How you Can Get an OYO Room Franchise, Cost, and other requirements details are shared here with you in this blog post. A townhouse is a single property occupied by a family. In this article, we will cover all the necessary things about constructing an OYO Townhouse or Guest House. Also, OYO Provides their traveler friends the fullest comfort by providing them with accommodation outstanding facilities, and a good environment. Here we will cover all the details and requirements of establishing an OYO Room Franchise in 2024, so keep on reading this article to the end.

OYO Franchise Apply in 2024 India

Let us tell you that OYO Rooms was founded by Ritesh Agarwal back in 2013. He joined the hotel industry very early, the year was  2013. Within just 5-6 years OYO has become a game changer in the hotel industry. It operates in more than 220 areas of India and currently expanding its business from Malaysia to Nepal. OYO wants to create a monopoly model itself.

The Ola app helped a lot in booking an OYO room when it shows with their car service. Ola Cars has totally changed the business to a highly profitable business for OYO company. Working together will always help both companies to grow faster in their industry. In 2017 the concept of a Townhouse is introduced. Designed as a social hotspot. The Oyo Guest House will offer you the fullest comfort as a service to get a room very easily with the additional advantages of a hyper-local address. To know more about How to get an OYO Room Franchise including Investment Costs, Requirements, and Profit Margin, kindly go through the complete article below.

Advantages Offered by OYO Company

1. High-quality property notification.
2. Simple Operation.
3. Review the visibility.
4. Financial Help.
5. 80% Occupancy rate is claimed.
6. Good Behavior.
7.  branded company in India.
8. FICO business format.
9. Returns on investment.
10. Designed the rooms used for both business and pleasure.
11. Clear and smartest Rooms
12. Well-known Environment.
13. Affordable building
14. Sweetable location.
15. No Risk for the investment.

Cost, ROI, and Revenue Share of OYO Townhouse

The cost of an OYO Townhouse remains between INR 1 to 2 Core. However, 40% of investment returns are expected from the OYO Franchise Hotel. This ensures that the capital will be repaid within some months and years, it makes a high investment and returns opportunity. A Property to build an OYO Townhouse should be 3000 to 5000 square feet. Naturally, if you are planning to open a hotel, first you have to work on the location, the location should be tourism-friendly, and eye-catching. A franchise is just for 5 years then you again have to renew it.

To get the facility or the comfort of OYO Townhouses, The start-up range of an OYO Townhouse is between 2500-4000 rupees. If you also own someplace in your locality then you can get it to OYO Room Franchise with minimal charges and get huge profit by selling online rooms accordingly.

Procedure to OYO Room Franchise Apply Online

Kindly follow the below steps to get OYO Room Franchise in India:-

1. Registration:- Visit the official website of OYO to complete the registration form by filling up your name in the list of your property area, your mobile number, and your location. Tap the options button Become an OYO to submit the form and start your journey with OYO. You can also contact them to get benefits from them through Gmail – oyorooms.com, and the official website – www.oyotownhouse.com/join-network.
2. Communication with the OYO team member:- A representative will contact you after your form submission. they will help you to become a partner of the OYO. They will email you even if they will call you too. OYO team will give you full comfort and facilities to become a partner of them.  They mostly prefer calls over email, they will talk with you and discuss with you all the terms and conditions of their company.
3. Listing:- Once the formalities are done with your company, you will get permission to list your home, hotel, and property on the website of OYO and you will be able to get in touch with guests for the rent.

OYO Franchise Contact Number

Frequently Asked Questions (FAQs)

Q.1 Can Unmarried People Book An OYO Room For Themselves?
Ans. Well, there is no law that restricts which can prevent couples or unmarried people from staying together, staying together is a personal choice that cannot be restricted by any law.

Q.2 What are Oyo Franchise’s contact details and email address?
Ans. If you have the patience and enthusiasm to know more about applying and partner then stay with us. Go to the official website at www.oyotownhouse.com. You may also go through their contact email which is [email protected].