OYO unveils its most booked hotels across India. OYO’s data analysis reveals that nearly one-fifth of the company’s top 50 list are based in Delhi NCR, making it the top region for the most booked OYOs in the country, followed by Bangalore, Hyderabad and Pune.
However, as per OYO’s booking analysis, the most booked hotel isn't in any of these top 3 cities, but in Pune’s famous IT Hub - Hinjewadi. OYO Townhouse 100 Somani TC tops the charts as the platform’s most booked OYO. This 100+ room property is located at Hinjewadi, which houses offices of several global software companies and MNCs.
With nearly 20 hotels, a majority of OYOs in the top 50 list are located near important transit hubs and key corporate complexes, demonstrating high consumer demand for properties that are centrally located near commercial centers with easy accessibility to transport. This is followed by a high demand for hotels surrounded by nature and lush green views among leisure travellers.
The high demand for OYOs around key transit hubs can be attributed to the platform’s effort to offer affordable, hygienic stays having important amenities such as air-conditioning, pleasant ambience, fast net connectivity with easy accessibility and flexibility in modification of bookings in case of any last-minute changes.
Additionally, as per OYO’s data, over 10% of the Top 50 properties maintained an occupancy rate of 100% or above in June 2022, the period for which this ranking has been compiled. Interestingly, nearly 24 of the Top 50 most booked hotels are OYO Townhouses, the platform’s mid-premium stay offering.
Another interesting insight is that stays near hospitals have the highest average occupancy rates, suggesting high demand from the patient’s caretakers, visitors and medical staff. High bookings are also visible near key transit hotspots such as railway stations and metros.
Commenting on OYO’s effort to provide affordable stays for consumers across various segments, Shreerang Godbole, SVP - Product & Chief Service Officer said, “Wherever we go, it's easy to spot the red OYO logo along the streets of India, be it at leisure destinations, pilgrimage sites, transit hubs or commercial complexes. Such ubiquitous presence across the country allows us to democratize travel for all Indians, whatever their travel intent might be, and opens up vast opportunities for us to provide suitable and quality stays for a wider consumer segment, even at short notice. Our most booked OYO’s list is a good proxy for the location types that see heavy bookings, - be it visiting a loved one at a nearby hospital, staying back at a hotel near your kid’s university, or even heading out on vacations. We hope that with our platform, we continue to serve the requirements of all traveller types who choose to stay with us. To further empower consumers with the power of decision-making around travel, we have also rolled out features such as ‘Pay at hotel’ and flexible booking modifications.”