OYO Hotels & Homes today announced that within a span of 3 months, Collection O, OYO’s mid-scale business hotel, has reached a milestone 175 hotels in India. With 300+ corporate brands on board, Collection O caters to the new age corporate travellers looking for quality and affordable accommodations while meeting their professional and personal requirements.
From its total customer base, Collection O, a favourite amongst corporates and SMEs like Nestle India, Future Group, Apollo Hospitals, BYJU’S, continues to see 92 per cent traction coming from repeat and word-of-mouth guests.
With ~85 per cent occupancy on an average, Collection O has witnessed almost a 30 per cent increase in corporate bookings in the past quarter (Apr - June 2019). In line with the company's aim to grow its corporate customer base in 2019, OYO plans to expand Collection O from 37 cities to 50 cities by FY ended 2019-20.
Ankit Tandon, Chief Operating Officer, Collection O Hotels & Operated Business, OYO Hotels & Homes, added, “As a customer first company, we are focused on offering quality and affordable accommodations across categories including corporate travelers. Collection O offers a unique combination of business and leisure hospitality experience. The 175 Collection O Hotels milestone is both a big achievement and a driver for us to keep evolving and become the most preferred accommodation option for corporate travellers in India.”