Oyo is 1/40th of Oberoi’s
Oyo claims it is the biggest hotel brand. It’s revenue is fraction of India’s other brands.
Oyo claims it is the biggest hotel brand. It’s revenue is fraction of India’s other brands.
Oyo’s numbers
Its FY17 revenue was INR 416 crore. It’s loss was INR 360 crore.
It is present in more than 200 cities.
It has 8,700 properties with 170,000 rooms.
OYO is 12 times the size of the second largest player.
Oyo has more rooms, but other players generate many times more revenue and profit.
How do India’s biggest brands stack against Oyo?
Taj Mahal Hotels:
It’s FY18 revenue was INR 4165 crore.
It generated a profit of INR 101 crore.
It manages 165 hotels, which has 20,000 rooms. They are in 80 locations, in 12 countries.
Its revenue is 10 times more than Oyo.
Oberoi Group:
Its FY 18 revenue was INR 17,048 crore.
It generated a profit of INR 1958 crore.
It has 32 properties in nearly 30 locations, in 6 countries.
It generates 40 times more revenue than Oyo.
Lemon Tree hotels:
Its FY 18 revenue was INR 482 crore.
It generated a profit of INR 45 crore.
It operates 53 hotels, with 5300 rooms, in 32 cities.
It generates more revenue than Oyo, and is profitable.
What do experts say?
Skift predicts that Oyo may reach breakeven point in a few years.
India has 1/3rd of rooms, but generates 2/3rd of Oyo’s revenue.
It will have to expand at a fast rate to achieve the scale.
What is the bigger picture?
Three out of four biggest brands are from Delhi-NCR.
The region has more appetite for hotel brands.