OYO is a global platform that aims to empower entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aims to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 157K hotel and home storefronts in more than 35 countries including India, Europe, and Southeast Asia.
OYO was founded by 27-year-old Ritesh Agarwal, the first Asian resident to be accepted to the Thiel Fellowship (started by Paypal founder Peter Thiel).
OYO operates a unique business model that helps its patrons transform fragmented, unbranded and underutilized hospitality assets into branded, digitally-enabled storefronts with higher revenue generation potential and provides its customers with access to a broad range of high-quality storefronts at compelling price points.
Owners and operators of over 157K storefronts use the OYO platform to manage all mission-critical aspects of their business operations. OYO’s comprehensive, full-stack technology suite integrates more than 40 products and services across digital sign-up and onboarding, revenue management, daily business management and D2C stacks into two flagship patron applications, Co-OYO and OYO OS.
OYO customers can book storefronts through OYO’s own D2C channels and through indirect channels with third-party OTAs. The OYO App offers a variety of digital tools to guide customers throughout their journey, including discovery, seamless booking, pre-stay assistance, cancellations, digital check-ins as well as in-stay and post-stay services. With over 100 mn downloads, the OYO App was the 3rd most downloaded travel app in 2020. OYO Wizard, OYO’s loyalty program, has 9.2 million members and is the second largest loyalty program run by a travel or food brand in India, by subscriber base.
Guesty, the end-to-end platform built for the short-term rental industry, empowering property managers and hosts to grow smarter, scale faster, and deliver standout guest experiences. With the largest R&D team in the industry, 250+ engineers, Guesty is the engine inside 250,000+ properties across 100+ countries, powering more properties, more platforms, and more bookings across major OTAs like Airbnb, Vrbo, Booking.com, Expedia, Tripadvisor, Hopper, Google Travel, and Homes & Villas by Marriott. Backed by $410 million in funding from KKR, Apax Digital Funds, MSD Partners, Sixth Street Growth, Viola Growth, Flashpoint, and Vertex Ventures, Guesty’s global team of 800+ employees across 16 offices is building the future of the short-term rental industry under one roof, for every platform, every property, and every tool.
Guesty’s platform is designed to deliver: maximum occupancy, maximum revenue, maximum ease, and the highest guest satisfaction.
Learn more at guesty.com.Guesty’s platform is designed to deliver: maximum occupancy, maximum revenue, maximum ease, and the highest guest satisfaction.
Learn more at guesty.com.
Buildium is the only property management solution that helps real estate professionals win new business from property owners and community associations seeking services. Backed by expert advice and relentless support, Buildium enables you to outperform across all facets of your business with intuitive software that balances power, simplicity, and ease of use. Buildium services customers in more than 50 countries, totaling over 2 million residential units under management.
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