(TOP BRANDS INCLUDE SBI LIFE, CULT FIT, AND SUN TV DIRECT )
- OYO’s business accelerator division adds 3500 new corporate clients in FY25 recording 20% YOY growth
- Top new additions include clients such as SBI Life, Cult Fit, and Sun TV Direct
- Mumbai led the growth with 700 new clients in last one year followed by Hyderabad and Pune that onboarded 400 and 350 clients respectively
- Metros such as Mumbai, Chennai, Hyderabad, Pune, and Bangalore have led the surge in corporate bookings
- Business accelerated following the launch of Oravel Travel Solutions – a dedicated business vertical for corporate travel in October last year
- Small and medium scale enterprises, traditional business houses & conglomerates, startups, travel management companies as well as film production houses leading the corporate bookings
TTT NEWS NETWORK
NEW DELHI | 16 MAY 2025
Global hospitality technology company OYO has announced that its business accelerator division has added over 3500 new corporate clients in FY25, marking a 20% year-on-year growth in its corporate portfolio. OYO now has a network of more than 6500 corporate clients with this addition. Mumbai emerged as the top-performing market, adding over 700 new corporate clients in the past year, followed by Hyderabad with 400 and Pune with 350. Other major metro cities including Chennai and Bangalore also played a key role in the surge in corporate accounts.
Some of the key brands added in FY25 include SBI Life, Cult Fit, and Sun TV Direct, further strengthening OYO’s presence among large enterprises and pan-India organisations.
The company’s corporate travel business witnessed a significant boost following the launch of Oravel Travel Solutions in October last year. This dedicated business vertical caters exclusively to the travel and accommodation needs of corporate clients such as smooth check-ins at more than 1100 conveniently located company serviced hotels in 300+ cities, tailored meal options, conference facilities, and event management support as well as tailormade holiday packages. OYO has also recorded a surge in long stays and event-based stays with the corporate clients.
Commenting on the growth, Manish Kashyap, Head, OYO Business Accelerator said, “The growth has been driven not just by large corporations but also by a diverse mix of small and medium enterprises, traditional business houses, startups, travel management companies, and even film production houses. These clients are increasingly leveraging OYO’s expansive network of properties, flexible booking solutions, and technology-enabled travel tools to meet their evolving business needs.”
With a robust pipeline of potential partnerships and continued focus on innovation in corporate travel, OYO aims to accelerate its expansion with focus on premium brands such as SUNDAY, Palette and Clubhouse Townhouse, Townhouse O and Collection O.
According to the latest Business Travel Index (BTI) released by the Global Business Travel Association (GBTA), India has emerged as the 4th largest business travel market in the Asia-Pacific region, driven by a robust economy and surge in demand for face-to-face meetings, signalling a revival of business travel across sectors. Additionally, the rapid expansion of small and medium enterprises (SMEs) in India is playing a pivotal role in fueling regional travel demand. These trends have created a fertile ground for OYO to scale their offerings and capture a growing share of business travel.
About OYO:
OYO is a global platform that aims to empower entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aim to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 170,000 hotel and home storefronts in more than 35 countries including India, Europe and Southeast Asia, as of June 30, 2024.
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