OYO Coupon Codes & Discounts Apr 2025 - 60% OFF

OYO is a hospitality chain that offers budget accommodation options to travelers. It was founded in 2013 by Ritesh Agarwal and initially started as a platform to book budget hotels. However, it has since expanded its offerings to include vacation homes, villas, and other forms of alternative accommodations.OYO operates on a franchise model, partnering with different property owners to provide standardized amenities and services. The company focuses on ensuring quality standards across all its properties by conducting regular audits and providing training to partners.OYO has a strong presence in several countries including India, China, the United States, and several European countries. It boasts of having millions of customers worldwide and claims to offer affordable yet comfortable stays for travelers.In addition to accommodation services, OYO also provides other features such as OYO Townhouse (a concept combining hotel comforts with home-like ambiance), OYO LIFE (long-term rental solutions), OYO Wizard (a membership program offering additional benefits), and OYO Bazaar (an online marketplace for hotel supplies).The company has received significant funding from various investors including SoftBank Vision Fund, Airbnb, Sequoia Capital, Lightspeed Venture Partners, among others. Despite facing challenges like regulatory issues and competition in the market, OYO continues to expand its reach globally through strategic partnerships and acquisitions of local brands.

OYO's main products are hotel rooms and vacation rentals.