"Oyo 360" a self sign-up service for hotels: Oyo
image for illustrative purpose
SoftBank-backed Oyo has announced the launch of Oyo 360, a service that will allow hotel owners to self sign-up on the platform. This service is expected to shore up the number of hotels and help reverse the sharp fall in the number of properties under Oyo's umbrella following the pandemic.
The service cuts the time required for hotels to onboard on the portal to 30 minutes from around 15 days under the current process.
This tool would require basic details on the hotel, room number, amenities, and imagery. The tool uses AI capabilities in photo upload to auto check for image quality, reject images with objectionable content and auto categorise images by detecting the elements in the images.
"Oyo 360 is a big bet to accelerate supply acquisition and enhance the overall experience by making onboarding simpler and convenient. It aims to provide direct control on pricing, increasing occupancies and visibility on simplified contracts and reconciliation processes," said Rohit Kapoor, Chief Executive Officer, OYO INSEA.