OYO CASE STUDY – OYO BUSINESS MODEL MADE IT WORLD’S BEST & FASTEST GROWING HOTEL CHAIN IN 2022

How Ritesh Agarwal Started His Entrepreneurship Journey

Firstly in 2012, a teenager established a company named Oravel Stays Private Limited in Gurgaon.

Asset Light Strategy

Ritesh Agarwal believed that to run the business without inventory, he did not want to invest in inventory, he was planning to work as a service provider.

What is an Aggregator Business Model?

Aggregator business model strands for making the own brand by using their parties inventory by adding our own efforts, money, and strategies.

Transparency Module

In order to keep transparency, they were uploading the original high-quality photographs of the hotel which appeared to the customer while booking.

Transparency Module

In order to keep transparency, they were uploading the original high-quality photographs of the hotel which appeared to the customer while booking.

Implementation of Technology

Ritesh Agarwal is amongst the people working above the neck, and he integrated the OYO business model with the technology

Focused on Acquisition and Expansion

OYO Business Model was founded in 2013 with integration with only one hotel in India, in 2014, there were 5 hotels tied up with OYO, and now, the number is more than 10,000, associated with 12+ countries over the world.

Maintaining The Manpower With Low Cost Training

OYO established 25 skilling institutes where the employees were being trained by the CXOs to grow the business in an exponential way.

Conclusion of OYO BUSINESS  MODEL Please.....