OYO Corporate Booking
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Transcript of OYO Corporate Booking
FOR BUSINESS
Make the right
business decisionwith OYO For Business
Agenda
Who we are
Industry Overview
About OYO For Business
1
2
3
4 What’s in it for you
What is OYO?
We Are India’s Largest Branded Network of Hotels
5000+ 170+
3 MillionDOWNLOADSAPP
3000+CORPORATE CLIENTS
HOTELS ACROSS INDIA
CITIES AND TOWNS ACROSS INDIA
Ritesh is the Founder and CEO at OYO Rooms. He was selected for the 20 under 20 Thiel Fellowship which makes him the only Asian to be selected. He started working early at the age of 13 and by 18 he was building OYO Rooms.Ritesh was recently featured in Forbes list of ‘30 under 30’.
“Building the world’s largest
technology driven
hotel network.”
OUR MISSION
“Change the way
people stay away
from home.”
OUR VISION
May 2013Founded OYO Rooms with a
Single 11 Room Hotel
March 2014 11 Properties in 2 Cities March 2015
11 Cities250+ Properties2,500+ Rooms
Nov 2015 150+ Cities
3,000+ Properties40,000+ Rooms
Dec 2015 170+ Cities with50,000+ Rooms
The JourneyWe have grown rapidly in the past 2.5 years.
Great Stays Every Single Timethrough quality focused transformation
BEFORE
AFTER
In-Room Amenities Bath kit | Mattress
Shower head
Aesthetic Upgrade Decal & lamps
Dollops & boards
Photography & CRS Property made live through
visuals & CRS activation150-point audit checklist
for each property
Extensive Audit
IndustryOverview
The Corporate Travel Cycle:
Traditionally, the process of enabling travel on the company’s expense has been long and tedious for travel admins, key decision makers and employees.
Travel request gets
initiated.
1Approval cycle
leads to the travel desk/HR.
2Travel
agency is approached.
3Travel desk shares
the available options.
4
Choices sent for
approval.
5Post approval,
TA books the tickets.
6Travel
details are conveyed.
7Post
travel, expenses are �led.
8
The Pain Points Of Out-Of-O�ice Travel:
Non-Inclusive Corporate BookingsMost of the travel fare details include only airfare
Loss of bills on the go results in write-o� in income sheets
Troublesome Expense Tracking
No Productive Allocation
Manual process of reimbursing expenses, wastes time and resources
Scope For Fraud
Duplication in claiming expenses can create scope for fraud
Non clarity on business travel policies leads to expenses not covered by the company
Lack Of Awareness
Industry Trends For Corporate Travels
Key Challenges
Business travelto increaseto $27 billionin 2016.
50% of revenue of TMCs comes through hotels.
- DNA India, 27 Sept, 15
40% loss in
productivity due to
constant switching
between tasks
Lack of control
and transparency
1
Di�iculty in
reimbursement
2
Management
hassles
3
Expense
tracking
4
th
- TOI, 16 Mar, 15th
An estimated3-4 hours ofemployee timeper trip is spenton travel bookings
About OYOfor Business
Booking Business Stays Just Got EasierEnjoy great stays that cater to your business needs
across 170+ Cities with OYO for Business.
Add employees viadashboard
+
Employees book their own hotels
Pay via the moneyin your account
Track expenses andinvoices
Sign-up to OYO for Business and start adding your employees for instant hotel
booking via the app.
Your employees book their hotels with the toggle of a button through
their OYO app.
Use Advance Business Credit (ABC) feature for hassle free payments straight from
your OYO pre-paid account.
Track your employee’s expense and invoice from your dedicated dashboard
whenever you want.
How OYO For Business Works
What’s In ItFor You?
Cut down yourcompany’s hotel
expenses by 50%
Benefits For Your Company
Reduce your costs
Ensure productivity
Pay at your convenience
Save upto 20% on hotels when comparedto other hotels or online portals
Save upto 30% by cutting down the extra manpowerengaged on managing travel expense
Use multiple payment options like NEFT, credit card,pay-at-hotel or our Advanced Business Credit (ABC) feature.
Benefits For Your Travel Desk
Managework better
With OYO For Business,we enable travel desk, admin and
other key decision makers to be moreproductive when it comes to organising
business stays.
Track bookings easily
From a customised dashboard with filters to suit your needs.
Easy expensereporting
That keeps you updated and provides a hassle-free overview of your spends.
Go paperless
And access all your records without the hassles of normal paperwork.
Benefits For Your Employees
Giveemployees
a great stayexperience
Give your work force the comfort it deserves. We take care of employees
so that they can take care of your work.
Designed for every designation:
With our Standard, Premium, Elite and Flagship ranges.
Parameters
Star Category
Stay Description
Price Band
No of Hotels
Ideal Audience
Standard
No Frills,
Standardised Stay
₹999
1831
Young business travelers
and Entrepreneurs
Premium
Premium Ambience &
Experience
₹1,600 - ₹3,500
1032
Value seeking couples &
Mid-Senior Corporates
Elite
Luxurious Ambience &
Experience
> ₹3,500
33
Experience seekers &
Corporate Executives
Apartments
-
Functional Stays with Home
– like feel.
₹ ₹1,200 - 2,400
154
Living away from home
temporarily
Book instantly:
In just three taps with our app.
Make spending easy:
Get payments charged to your company account directly.
Work better:
With facilities designed to suit your business needs.
HIGH-SPEED
WIFI
AC
ROOMS
COMPLIMENTARY
ESSENTIALS
COMPLIMENTARY
BREAKFAST
CONFERENCE
FACILITY
PAY WITH CORPORATE CREDITS
TransitionLike A Breeze
Dedicated account manager
Quick implementation
Works With Your Travel Policy
Get up and running in 30 minutes with our training
A dedicated account manager to assist you at all times
Our technology gets aligned to your existing travel policy
Thank you