Guest books the hotel through OYO platform. when he reaches the hotel, receptionist asks to cancel the booking on the OYO platform and he'll offer the room to the guest, with a different cost which is fixed.
Now, it looks like a mutual benefit for h
If hotel cancels it, then OYO can track it and question hotels or blacklist them and avoid bookings for that specific hotel. But here customer is a king, OYO can't question the customer. That's why hotel guys make cancellation from customer end.
0 replies
More like this
Recommendations from Medial
Mahesh Kumar
Stealth • 4m
As a customer, I am disappointed with OYO hotels dishonouring bookings and my friends too had bad experiences. Me and all my known friends have stopped using OYO. What's your opinion? And how come such a worst company is still growing?
Anybody know how much Oyo charges for hotel owner per customer base yha profit sharing
0 replies2 likes
Shubham Sinha
Stealth • 2m
Why only Oyo hotel now change for old age
*oldo hotel*
See I have a clear concept on Oyo hotel to old age oldo hotel ।
Where the single stay in the hotel creates thirteen percent oldo funds for old age homes nearby ।
Our concept is clear that youn
See More
7 replies14 likes
SamCtrlPlusAltMan
•
OpenAI • 6m
Oyo, the hospitality startup, is pursuing a pre-IPO round at a $2.3 billion valuation, 80% below its 2019 peak of $10 billion.
Fundraising: Targeting $80-90 million from HNIs, family offices, and smaller investors. Minimum investment reduced from $
**Gruham**
As India boasts a rich tapestry of cultural and architectural heritage, Gruham aims to preserve and celebrate this legacy by offering unique accommodation experiences.
An aggregator of traditional homes converted into beautiful hotels a
See More
0 replies4 likes
Havish Gupta
Stealth • 4m
OYO Spent $525 Million to acquire a Hotel Chain called G6 Hospitality. G6 has an network of over 1500 hotels in US and Canada and generates an revenue of about $1.7 Billion.
What do you think about this move?
𝗕𝗲𝘄𝗮𝗿𝗲: 𝗧𝗵𝗲 𝗛𝗶𝗱𝗱𝗲𝗻 𝗦𝗰𝗮𝗺 𝗕𝗲𝗵𝗶𝗻𝗱 𝗢𝗬𝗢 𝗥𝗼𝗼𝗺𝘀 𝗕𝗼𝗼𝗸𝗶𝗻𝗴𝘀
OYO Rooms is involved in a scam at high-demand tourist places. They overbook hotels and a lots of rooms on a first-come, first-serve basis. When rooms run out
Pre order app
Pre order app
Dear members or Investors I am from a facility management background I have experienced in many hotels restaurants that leftover Food is being thrown into garbage and only 2% food is consumed by hotel lower level staff.
See More
0 replies5 likes
Ratandip Raut
Stealth • 11d
Pre order app
Dear members or Investors I am from a facility management background I have experienced in many hotels restaurants that leftover Food is being thrown into garbage and only 2% food is consumed by hotel lower level staff. and everyday to
See More
0 replies7 likes
Havish Gupta
Stealth • 10m
OYO is Now Profitable.
In the latest Quarter, OYO reported a profit of 30 Crore Rs. And this is impressive with considering the fact that during Covid, it losses had hit almost 12,000 crore.
But how did they did this?
1) firstly they closed more th
