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Oyo's business model is looking a lot like WeWork's

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Re: Oyo's business model is looking a lot like WeWork's

#61
post #2

Oyo ventured into Nepal quite recently. From my viewpoint I see rooms often can be charged by the hour on some of their signage, not just daily rates. That's the type of visitor they are looking to attract.

rooms often can be charged by the hour on some of their signage, not just daily rates I wish we had something like that in Wales. Sometimes after a day in the hills I’d like a hotel room for an hour just to have a shower and change into dry clothes before driving back down the A470. Fellow Welshmen may mock me now, I’ve grown soft from spending too much time in England.

Would you be OK with this kind of flex arrangement if it meant that the hotel couldn't guarantee the state of the room or bathroom when you check in?

Hotel management needs time to send cleaners to change the sheets and such after all. If booking is on an hour-by-hour basis like say a hotel meeting room, it isn't feasible to clean the place in between every booking.

Re: Oyo's business model is looking a lot like WeWork's

#62
post #12

Earlier quoted context omitted.

Nothing, some prudes just don’t want to stay in hotels where other people have sex. Odds are that the hourly-rate rooms would be on a different floor than the daily-rate floors for logistical reasons, which makes it even harder for me to see any problem with this. There’s significant a cultural difference here too, in the areas where Oyo primarily operates young couples need these rooms just as much as prostitutes.

> Nothing, some prudes just don’t want to stay in hotels where other people have sex. What you write may be true for Asia, but if you’re from the US, it makes sense to be wary of hotels offering hourly prices since it attracts a clientele that reduces the quality of life at the hotel. It’s not about being a prude, it’s the fact that hotels frequented by pimps, hookers, and drug dealers offer a less desireable experie…

We’re discussing a Nepalese hotel, not a US hotel.

Re: Oyo's business model is looking a lot like WeWork's

#63
Quite interested in this subject. 1. Oyo are trying to scale incredibly quickly, always tough and in this investment climate, better get their forecasts correct and spend it quickly! 2. They are trying to scale globally, but adding software management of revenue and booking under their control is dangerous to owners especially if they have terms that include %'s take of increased revenue. This may mean booking at any price regardless in quiet periods and then there is a staff cost vs margin call. Quality will suffer. 4. The whole approach appears to be based on brand signage and not guest experience and is a budget business, so its a bottom feeding brand. 5. This budget position in Europe is often based on doing deals in older premises (quite few local to me). These are not modern eco-friendly, but high maintenance, unlike the new brands of accommodation which can also be budget and brilliant.

In in all its seems that the approach may end up with a negative brand connotation as is developing on their Facebook reviews page and the knock on effect will ensure poor returns.A Softbank recurring nightmare.

Re: Oyo's business model is looking a lot like WeWork's

#64
post #61

Earlier quoted context omitted.

rooms often can be charged by the hour on some of their signage, not just daily rates I wish we had something like that in Wales. Sometimes after a day in the hills I’d like a hotel room for an hour just to have a shower and change into dry clothes before driving back down the A470. Fellow Welshmen may mock me now, I’ve grown soft from spending too much time in England.

Would you be OK with this kind of flex arrangement if it meant that the hotel couldn't guarantee the state of the room or bathroom when you check in? Hotel management needs time to send cleaners to change the sheets and such after all. If booking is on an hour-by-hour basis like say a hotel meeting room, it isn't feasible to clean the place in between every booking.

They could be in the process of cleaning even - I don’t need sheets on the bed or anything.
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