Why are OYO Rooms controversial?

Acting on it, OYO promptly issued a statement saying it was 'appalled' by the incident and immediately delisted the hotel from its platform. The controversy blew up after a purported video surfaced on the social media platform wherein a person was denied a hotel reservation due to his J&K ID.

What is wrong with OYO hotels?

Reports suggest that nearly 500 hotel partners, of about 20,000, have snapped ties with the company since April 2019, alleging hidden charges and lack of transparency (though Oyo claims its partner churn is less than 1 per cent).

What is the motive of OYO Rooms?

OYO is a global platform that empowers entrepreneurs and small businesses with hotels and homes by providing full stack technology that increases earnings and eases operations. Bringing affordable and trusted accommodation that guests can book instantly.

What happened to OYO Rooms?

Oyo checks out from unviable ventures, assets

Oyo Hotels & Homes has surrendered some co-working spaces and cut back on its co-living and rental housing business under Oyo Life over the past 2-3 quarters to staunch losses and focus on its core hotels business.

Is OYO a failure?

The issues between the two companies date back to 2015 after merger talks between Zo Rooms and Oyo failed. In March this year, a Supreme Court-appointed arbitrator said Oyo was in breach of its agreement for the acquisition of Zo Rooms, adding the latter can proceed to execute the definitive agreement.

Why Thousands of Guests and Hotels Are Boycotting OYO Rooms

Is Ritesh Agarwal a billionaire?

In the year 2020, Ritesh Agarwal's net worth was around INR 7,253 crore which is $1.1 billion dollars making him the world's youngest self-made billionaire after the effervescent Kylie Jenner. The company has more than 72,000 rooms in 8000 hotels across 250 towns in India.

Why are hotels leaving OYO?

As per him, 500-700 hotels have already quit Oyo's platform, and are now taking bookings independently. The main reasons for which hotels are ditching Oyo Rooms are: non-payment of previous dues, violation of contract terms, stopping minimum income guarantee, threatening legal action and more.

Why is OYO famous for unmarried couples?

OYO rooms have come to the rescue. Their app features a 'relationship mode' which helps users find hotels that are couple-friendly, that is, they allow unmarried couples even with local ids to check in without any hassles.

Is smoking allowed in OYO Rooms?

Smoking is only permitted in designated smoking rooms and/or smoking areas within property premises. A damage fee of $250 will be automatically charged for failure to adhere to this policy. Guests may be contacted closer to their check-in date to confirm the arrival status or arrival time through calls or messages.

What OYO means?

OYO stands for “on your own” rooms, which sounds like something a teenager might make up. Maybe that's because OYO's Indian founder and CEO, Ritesh Agarwal, founded his company when he was a 19-year-old college dropout.

How did Ritesh Agarwal got the idea of OYO?

Agarwal says he never stayed at a hotel until he was picked to represent his school at a trivia competition held in a town a few hours away from home when he was 12. He got the idea for Oyo a few years later, while travelling India on a shoestring budget and lodging at some truly horrible guest houses.

Is Ritesh Agarwal an Iitian?

Ritesh Agarwal, OYO Rooms

He is not only the first Indian to win the Theil Felloship but also found a mention in Forbes 30 under 30 Young Achievers List. And, he did all this without going to IIT. Infact, he dropped out of Indian School of Business and Finance, Delhi.

What makes OYO different from others?

What makes Oyo's business model unique and different from other hospitality companies is its standardized hospitality services. It focuses more on user experience rather than only hotel's room availability and prices.

What were the four main problems because of which OYO changed its business model?

Ltd was Ritesh Agarwal's first startup. Some Problem Faced by OYO were High Cash Burn, Standardization, Competition, Malpractices.

Is OYO doing good?

OYO has weathered net losses since its inception in 2013. It may not be profitable yet, but the company did manage to narrow losses from ₹12,799 crore in 2020 to ₹3,929 crore in 2021. Atop that burden, its total income decreased catastrophically by 69% from ₹1,3413 crore in 2020 to ₹4,157 crore in 2021.

Can I take my girlfriend to Oyo room?

Yes. No law in the country denies an unmarried couple a stay in a hotel. However, checking-in a couple is at the discretion of the hotel owners / managers.

Does OYO check Aadhaar?

We do ask for an Aadhaar card or an ID proof while you book an accommodation with us to confirm your identity and age, and it's essential to know our guests' details before we host, for everyone's safety and security - to avoid the misuse of properties.

Can you book a hotel under 18?

You must be at least 18 years old to make a reservation. Those under 18 years old are not permitted to stay in a Premier Inn hotel unless a parent or guardian is also staying in the hotel. See section 5 “Occupancy” below for details of permitted guests under your booking.

Can I stay with my girlfriend in hotel?

02/6You can stay in a hotel without fear

As long as you are adults, you are free to stay in any hotel together. There is no law that restricts you!

Is OYO good for lovers?

Yes, absolutely! OYO Rooms are safe for unmarried couples. You can book your rooms without any worries as the hotel staff at OYO are very helpful with check-ins. Their services are great for young unmarried couples.

Why local ID is not allowed in hotels?

The strategy is simple! Hotels do not want to fill up the space with local guests and rather allocate rooms to customers from other cities and countries. Turning down esteemed guests, who have travelled from far will impacts the reputation of the hotel negatively. Hence, hotels end up denying rooms to local couples.

What are Oyo rooms famous for in India?

India's largest budget hotel chain, OYO rooms is one of the most preferred hotel booking destinations for a vast majority of students in the country. The rise in popularity of OYO among students is attributed to the extremely flexible booking policies which accommodate special requests and needs of the young guests.

Is OYO only in India?

As of January 2020, it has more than 43,000 properties and 1 million rooms across 800 cities in 80 countries, including India, Malaysia, UAE, Nepal, China, Brazil, Mexico, UK, Philippines, Japan, Saudi Arabia, Sri Lanka, Indonesia, Vietnam, and the United States.

What chain is OYO?

Just over a year ago, India's Oyo Hotels & Homes was among the world's hottest startups and the second-largest hotel chain globally. It had billions of dollars from SoftBank Group Corp.'s Vision Fund and others, and a valuation that had doubled in a year to as high as $10 billion.