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  • OYO Hotels and Homes introduces its national Partner Advisory Council, reiterates commitment to hotel owner success in Visakhapatnam

    Published on August 29, 2019

    Visakhapatnam: OYO Hotels & Homes, India & South Asia’s largest chain of hotels, homes and spaces, hosted its first national Partner Advisory Council meeting in Delhi recently under the aegis of OYO Partner Engagement Network (OPEN) – the ongoing year-long commitment of support and engagement with 10,000+ asset owners across the country. The inaugural Partner Advisory Council, under OPEN provided a unique opportunity to OYO hotel owners from across the country, OYO India South Asia leadership and respected third party policy and legal luminaries to represent the interests of the OYO Hotels network across the country and provide a platform to discuss and determine micro and macro issues driving the future of hospitality in India.  Key third party members include: Mr. Vinod Zutshi, IAS, Former Secretary of Ministry of Tourism, Mr. V.K.Duggal, IAS, Former Home Secy and former Manipur and Mizoram Governor, Mr. N.R. Wasan, IPS, Former Director General of Bureau of Police Research and Development Ms. Kiron Prabhakar, Partner & Founder, PAV Law Offices.

    Presenting the pillars of OPEN to the Council, namely, Business, Growth, Engagement and Recognition, and the various initiatives OYO has been undertaking for each of these key pillars, Aditya Ghosh, CEO, India & South Asia mentioned, “The suggestions and discussions in the first meeting of OYO India’s Partner Advisory Council lays a strong foundation for what’s to follow. By identifying key areas of improvement and closing plan of actions quickly for activities such as provisioning dedicated hotel management resources, improving brand awareness for mid-market brands and investing in quality checks aggressively, a lot of progress has been made already and we will look to share updates as well as highlight areas for further improvement in our next meeting in September.”

    Notably, OYO Hotels & Homes had announced the expansion of operations in Visakhapatnam earlier this month. OYO launched in Visakhapatnam in November 2016 and has since then expanded its footprint to 100+ hotels and 1,950+ rooms in the city whereas its footprint in Andhra Pradesh comprises of 280+ hotels and 6,300+ rooms. OYO has also invested heavily in Capex across the state and has already created employment opportunities for over 3000 people. It aims to create over 5,500 direct and indirect employment opportunities for hospitality professionals in Andhra Pradesh in the next one year. In doing so, OYO has helped unlock the tourism potential of not just Visakhapatnam but Andhra Pradesh as well. The company aims to invest INR 100 crore towards Capex, infrastructure and talent in Visakhapatnam in the coming days.

    OYO aims to become a preferred choice of accommodation for visitors as well as city dwellers. Currently, Dwarakanagar, Gajuwaka and MVP Colony are among the top-performing hubs in Visakhapatnam, hosting the highest number of guests. The city further witnesses inbound tourism from neighbouring cities and states, including Odisha, Chhattisgarh, Telangana and other parts of India. The company aims to double down its efforts in delivering a high-quality and trusted hospitality experience to guests as well as drive higher yields for asset owners in Visakhapatnam.

    In addition to the national meeting held in Delhi, a regional chapter of the  Partner Advisory Council meeting was held in Hyderabad recently where several hotel owners representing the Southern market participated and shared their constructive feedback for sustained mutual success with OYO.

    The ‘Partner Advisory Council’ is part of the larger initiative of OPEN: OYO Partner Engagement Network,  an industry-first year-long asset owner and franchisee partner program to help 10,000+ building owners in India to reach their business goals. The discussion was a great opportunity to hear Partner Advisory Council member’s suggestions and insights for creating an ecosystem for asset owner success. Under OPEN, OYO has launched a slew of initiatives including a dedicated microsite, Co-OYO app for asset owners, Cash in Bank business advances (Over INR 45 crore has been disbursed to hotel owners and there is an INR 170 crore disbursal pipeline) and a pan-India Partner Privilege Program to reward and recognise top-performing hotel owners.