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OYO Rooms



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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.”"
Antwort auf Beitrag Nr.: 59.832.333 von R-BgO am 09.02.19 15:17:33
jetzt auch in Europa:
https://skift.com/2019/05/01/oyo-makes-european-push-with-41…

"Fast-growing Oyo Hotels & Homes is furthering its global expansion plans with the acquisition of Amsterdam-based vacation rental company @Leisure Group for $415 million (€369.5 million).

Media giant Axel Springer sold its 51 percent stake for $202 million (€180 million) with other shareholders also exiting. The deal is expected to close in June.

In 2018, @Leisure Group reported $150 million (€133.2 million) in revenue with a profit (EBITDA) of $27.9 million (€24.8 million). Tobias Wann, @Leisure Group’s CEO, will join OYO’s leadership group as CEO, Vacation Homes."
Antwort auf Beitrag Nr.: 60.469.304 von R-BgO am 02.05.19 10:04:30
bei Axel Springer findet sich noch etwas mehr:
https://www.axelspringer.com/de/presseinformationen/axel-spr…

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