OYO Records Strong Growth in Business Travel Segment
Hospitality tech platform OYO has added nearly 2,800 corporate clients in the January-July 2023 period, up 11.75% year-on-year. The company’s revenue from business travel has also grown by 20% during the same period, according to the OYO Business Travel Trends Report 2023.
Hyderabad is the leading city in terms of corporate client additions, followed by Gurugram, Delhi, Bengaluru, Mumbai, Kolkata, and Pune. Many other business hubs such as Noida, Lucknow, Kochi, Jaipur, Chennai, and Coimbatore have also contributed to the growth.
Startups, film production houses, travel management companies, small and medium scale enterprises, and traditional business houses & conglomerates are the key drivers of this growth.
OYO’s strong growth in the business travel segment is a testament to its commitment to providing affordable and reliable accommodation options to businesses of all sizes. The company’s focus on innovation, customer service, and value for money has made it a preferred choice for businesses across India.
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