OYO Partner Registration Online, Login, Oyo Partnership Contact Number, Email ID

Welcome dear readers! In today’s article, we will tell you all the necessary information related to “OYO Partnership”. We will dwell into knowing all the processes of Oyo Partner registration, logging online, contact details and email ID, etc. Let us tell you that OYO was founded in the year 2013 by Ritesh Agarwal. It is a Gurgaon, Haryana-based company that started as a single hotel service in India and now it has turned out as one of the world’s largest hotel chains in India. OYO has extended its feet to more than 230 cities and has offered more than 44,000 hotels and over 1.2 million rooms. With its convenient app-based booking system, customers can quickly reserve rooms in a matter of seconds.

OYO Partner Registration Form Online

Now OYO ensures a consistent and enjoyable experience for guests by providing exceptional room services and amenities across all of its properties. In 2020, OYO expanded its operations to over 800 cities in 80 countries and extended its offerings to include over 130,000 vacation homes through the OYO vacation homes business. However, due to prevailing uncertainties in the market in the year August 2020, the valuation of OYO dropped by 2 million dollars from 10 million dollars. If you’re also the owner of any Hotel or Guest House and interested in the OYO Partnership Program then this article is for you.

Business Model of OYO Pvt Ltd

OYO is a global platform and now it supports entrepreneurs and small businesses in the hospitality industry and offers hotels and homes along with full-stack technology that increases earnings and eases operations. Bringing affordable and trusted accommodation that guests can book instantly. OYO Rooms follows an inn or a Hotel Aggregator Model. In this model, clients purchase services directly from the OYO without concern for the specific partner hotels.

Like Makemytrip it provides standardized quality and pricing for rooms. The OYO Rooms business model differs from that of Airbnb as OYO focuses not only on the discoverability of partner hotels among clients but also on the standardized nature of the services offered. OYO rooms offer guests quality accommodation stays at various locations throughout India by partnering with hotels and influencing them to operate under the OYO.

Revenue Model of OYO

The fiscal year of 2019 reported that the annual revenue of OYO hotels is around 951 million Dollars annually. OYO follows the following chain in order to generate revenue worldwide.

1. Commission => Every owner of the hotel has to pay approximately 22 percent of the commission per month to OYO. The rate may vary depending on the services and features of the hotel.
2. Room Booking Fee => Another method through which OYO generates its revenue is by charging room booking fees from the customers. There are few percentages of margins of the hotel’s prices as compared to room fees. For instance, if the room fee per night is around Rs. 1000 then the commission that OYO will receive will be around 20%-30% and that will be the actual revenue.
3. Membership Charge => OYO generates its revenue by providing membership to the hotels as well as private players. Users who have subscribed to the OYO Wizard are charged with lump-sum amount of Rs. 500 to Rs. 3000 as a premium fee.
4. Advertisement => OYO generates its revenue through advertisement and various other media. OYO charges some amount from the companies to place their ads on the OYO app and website.
5. Sponsorship => Sponsors of OYO also help generate great revenue as OYO charges some amount from the sponsors and its key partners by promoting their brands on its website and app.

OYO Partner Registration Fees

To become an OYO partner, aspiring entrepreneurs are required to invest Rs 1 crore to Rs 2 crore, in addition to working capital and investment reserves. Let us tell you that OYO Rooms charges between Rs 2,500 to Rs 4000 per day according to its townhouse facility.

Procedure to OYO Partner Login Online

In order to get OYO’s Partnership, you just have to follow the following steps:-

1. Visit the official website of OYO by clicking on this link https://partner.oyorooms.com/
2. Fill up the form by entering your name and all the required information thereof and then submit the form.
3. After submitting the form, you will be directed to contact an executive from the team OYO rooms. They will ask you to read thoroughly the Terms and Conditions of the company. You can read the company’s terms and conditions by just clicking on this link https://www.oyorooms.com/terms/.
4. After following all the above steps now you are in a position to get your commercial or any property linked with OYO’s partnership. You will be asked to download the OYO’s app and register your property via the OYO’s app.

OYO Rooms Partnership Agreement (Terms of Service)

OYO Partner Registration Fees

To become an OYO partner, aspiring entrepreneurs are required to invest Rs 1 crore to Rs 2 crore, in addition to working capital and investment reserves. Let us tell you that OYO Rooms charges between Rs 2,500 to Rs 4000 per day according to its townhouse facility.

Oyo Partnership Contact Number

OYO has brought a significant revolution to the hotel industry by leveraging technology effectively. It has completely transformed living spaces and revolutionized the way people stay at the time when they are away from their homes.