Skift Take
Oyo promises a new type of hotel company. It’s an asset-light brand that seeks to connect the global long tail of mom-and-pop hotels through its tech and distribution platform. But can it live up to the hype? Skift Research dives deep into Oyo’s business strategy and financial performance.
We might suggest that Oyo Hotels and Homes is a contender for the most exciting company in hospitality today. If reaching a million rooms and a $10 billion valuation in just six years doesn’t make you sit up and take notice, then what will?
Oyo is a topic of conversation and controversy in hospitality, tech, and media circles. And much confusion over Oyo and its current business model exists.
In response, we wanted to publish the definitive look into how Oyo operates. To take apart its business model and to figure out what makes the company tick and how it makes (or doesn’t make) money.
Preview and Purchase
Part of the challenge is that Oyo doesn’t look cleanly like an