OYO Adds 3,500+ Corporate Clients in FY25, Sees 20% Growth.
Expert Analysis :
Corporate Client Growth: OYO added over 3,500 new corporate clients in FY25, marking 20% YoY growth and expanding its network to over 6,500 clients.
Top Performing Markets: Mumbai led with 700+ new clients, followed by Hyderabad (400) and Pune (350), with Chennai and Bangalore also contributing.
New Business Vertical: The October 2024 launch of Oravel Travel Solutions boosted bookings across 1,100+ hotels in 300+ cities with tailored corporate services.
Diverse Clientele Driving Demand : Growth is fueled by a wide range of clients including SMEs, business houses, start-ups, TMCs, and film production companies leveraging Oyo's flexible bookings, vast hotel network, and tech-enabled tools.
Expansion Strategy: OYO plans to accelerate growth through new partnerships and a focus on premium brands like SUNDAY, Palette, and Townhouse.
Financial Performance: OYO reported a FY25 profit of ₹623 crore and a 54% increase in gross booking value to ₹16,436 crore.