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...ist eine Softbank-Beteiligung, die in budget hotels macht; läuft mir immer wieder in Indien über den Weg. Nehme diese Meldung: https://skift.com/2019/02/07/what-oyos-latest-results-say-ab… mal zum Anlass, vorbeugend einen Thread einzurichten. Auszug: "The jury is no longer out on whether budget hotels can rake in big money. Oyo roped in total sales of $1.8 billion from 75 million room nights globally last year, which translates to an average rate of $24, a true budget category as opposed to economy brands, such as Ibis or Holiday Inn Express. It also proves that this segment can be scaled quickly and efficiently through automation and digitalization. From a single hotel in May 2013, Oyo has over 8,500 hotels with a total of 458,000 keys as at December 2018. 2. A LONG WAY TO BREAKEVEN But Oyo shows that budget chains, perhaps more than any other segment, need massive, massive scale to make a buck. Even with that kind of room count, Oyo isn’t profitable yet. It has only managed to narrow losses further as the rapid expansion brought in more sales, while cost as a percentage of sales went down as brand market share, technology investment and human resources were spread over a larger base. Audited data of India operations — its biggest revenue earner — for fiscal year 2017-18 shows losses as a percentage of sales narrowed to 20 percent, from 45 percent in fiscal year 2016-17. It expects to lower this further to 10 percent in fiscal year 2018-19. Oyo Chief Financial Officer Abhishek Gupta would not tell Skift when he expects Oyo to break even. However, he said Oyo today has “a strong balance sheet” and “can go more places than ever, introduce new categories – without raising any further capital.”" |
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| aus der Diskussion: | OYO Rooms |
| Autor (Datum des Eintrages): | R-BgO (09.02.19 15:17:33) |
| Beitrag: | 1 von 3 (ID:59832333) |
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