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  3. OYO reports 15% growth in revenue for UK operations in 2024

OYO reports 15% growth in revenue for UK operations in 2024

25 Mar 2025

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Key Takeaways

Premium hotels, AI, automation, and global distribution drive revenue growth, efficiency, and improved guest experiences.

Premium hotels, AI, automation, and global distribution drive revenue growth, efficiency, and improved guest experiences.

oyo unlisted shares

Oravel Stays (OYO Rooms)

DRHP filed4.44%

Expert Analysis

OYO Reports 15% Revenue Growth in UK Operations for 2024.

Expert Analysis :

  • Expansion Plan: OYO is to open 40+ premium self-operated hotels in the UK this financial year, with 18 onboarded and 22 more planned.

  • Premium Segment Entry: Oravel Stays Limited entered the UK’s premium market in 2024 with SUNDAY Lansbury Heritage in Canary Wharf.

  • Record Bookings: Summer Bank Holiday (Aug 24-26) was the most booked weekend of the year, with Aug 24 as the highest booking day; July was the busiest month overall.

  • Strategic Growth: CEO Gautam Swaroop highlights OYO’s 2024 growth, driven by dynamic pricing and AI, outperforming industry trends and accelerating UK market expansion.

  • Tech-Driven Efficiency: Puneet Yadav, OYO UK Head, highlights AI-powered pricing, automation, and self-check-in, which boost revenue, reduce costs and enhance guest experience.

  • Enhanced Customer Experience: OYO’s AI-powered chatbots and automation improve customer satisfaction, ensuring quick query resolution and optimizing hotel operations across its UK portfolio.

  • Strong UK Presence: OYO operates 200+ budget hotels across 65 UK cities, with key clusters in London, Manchester, Birmingham, Cardiff, and Brighton.

  • Revenue Optimization: OYO boosts hotel demand and revenue through OTAs, its website, and AI-driven pricing, ensuring optimal rates based on room type, seasonality, and other factors.

Publisher:Hospitality And Catering News