New Delhi, Delhi, India:
With nearly one-fifth of the company’s Top 50 hotels, Delhi NCR takes the top spot as the region with most booked OYOs in India, followed by Bangalore, Hyderabad and Pune
Interestingly, stays near hospitals have the highest average occupancy rates, indicating high demand for affordable hotels from patient’s caretakers, visitors, medical staff
High demand around key transit hubs led by OYO’s effort to offer easy accessibility and flexibility in modification of bookings in case of last-minute changes
Global travel technology company, OYO, is spread across 35+ countries with the largest hotel footprint in its headquarters – India. Given the platform’s vast presence across the country, it is easy to spot an OYO almost everywhere. But has anyone ever wondered which of these takes the top spot as the most popular OYO? Today, in a first, the company unveils its most booked OYOs 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.
India’s Top Ten Most Booked OYOs
Proximity to nearby attractions
OYO Townhouse 100 Somani TC
Near an IT park, highway and entertainment hub
OYO Townhouse 127 Alpha
Near an education hub
OYO Townhouse 071 Brookfield
Near a commercial hub and residential area
OYO Townhouse 160 Sector 1 Vaishali
Near Vaishali metro station
OYO Townhouse 024 Sector 47 Gurgaon
OYO Flagship 24491 Kharadi
Near IT park and a national highway
OYO 9405 Hotel Stay Home
Near IT hub, business park & university
Silverkey Executive stays 28060, Gachibowli, JV colony
Near corporate complex
OYO 10480 Hotel PMR
Near IT & Tech hub
OYO Townhouse 181 Ganeshpeth Colony
Near parks & ST transport square
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.
Location-based most booked OYOs
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. As air travel bounced back strongly over the past quarter, demand for hotels near the airport also reflected a healthy jump in demand, with Delhi witnessing the highest demand near its Indira Gandhi International Airport in June 2022. Besides Delhi, Jaipur, Mumbai, Lucknow and Surat are the top 5 cities witnessing strong booking uplift in airport proximity hotels in May – June 2022. As per OYO’s data analysis, the Hinjewadi Rajiv Gandhi Infotech Park in Pune emerged as the top commercial hub for highest aggregate OYO bookings. Among transit hubs, OYO witnessed the highest demand at Vaishali Metro Station.
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 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.”
All the information included in this press release has been derived from OYO’s booking trends data to study the Top 50 Most Booked OYOs in India in June 2022.
About OYOOYO is a global platform that empowers entrepreneurs and small businesses who operate hotels and homes by providing them with full-stack technology products and services that 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 157,000 hotel and home storefronts in more than 35 countries including India and those in Europe and Southeast Asia, as of March 31, 2021. For more information, visit www.oyorooms.com.
Submit your press release