Indian hotel brand OYO is planning to use unused properties across the country including residential apartments. The Softbank backed startup has approached some hotel owners and will help them in creating ‘mini hotel rooms’. “These rooms can be called as ‘unlocking supply’,” Said OYO CEO Ritesh Agarwal.
Starting a pilot project in Goa
OYO is already running its pilot project in Goa and is planning to run the same across the country. Each one of these properties have Wi-Fi, air-conditioned rooms, level screen TV, pre-loaded kitchen and amusement, for example, board games, said an OYO representative.
“The OYO team took charge of managing and beautifying the interiors, something we did not have expertise in. It also takes care of maintenance.” Said Businessmen Amar Singh Dhamane and Uttam Farake who gave their properties to OYO in Goa.
OYO’s earlier Project Studio Stays
This is not the first time OYO is spinning off its business. In 2015 OYO has piloted Studio Stays to tap into growing segments like students and first jobbers. It is as of now not a noteworthy piece of the organization’s business. Agarwal likewise talked about how OYO hotels could be utilized as hyperlocal kitchens.
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