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OYO eyes UK growth with new network developer programme
Tech-forward hotel platform OYO, has launched a new business development model to help scale its UK business by partnering with hospitality professionals and entrepreneurs.
As part of its business growth strategy, OYO has created the Network Developer programme which supports expansion of the hotel network and offers entrepreneurs in the hospitality and real estate sector with a valuable revenue opportunity.
The developers may be existing hotel owners, hospitality professionals, or real estate agencies.
The network developers will focus on a dedicated region on an exclusive basis and will bring their own team on board to support them in signing new properties to the OYO brand.
They will be provided with ongoing support from OYO’s experienced in-house teams.
The programme presents a sizeable business opportunity for OYO Network Developers who receive an ongoing share of OYO earnings at the property level.
In addition, the partner can generate further revenue streams by offering their own services, ranging from a full management contract to operational services such as food and beverage, staffing, maintenance, guest amenities, housekeeping, WIFI and financial management.
The scheme also allows consultants to generate returns across multiple hotels without the time commitment of day-to-day property management.
Launching in the UK just over two years ago, OYO now has a network of over 200 properties across the country.
"As the hospitality and tourism sector begins to open up over the coming months, UK hotels have a great opportunity to benefit from an upsurge in consumer demand," said Simarjit Manaktala, OYO Regional Head – UK & Europe.
"In this context OYO’s unique technology-driven services are more relevant than ever, allowing hoteliers to capitalise on demand and maximise their revenues. We are delighted to launch this Network Developer scheme which will allow us to supercharge the expansion of our hotel network."
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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