OYO Hotels is also exploring ways to collaborate with OTAs such as Fliggy, Ctrip and others, along with other consumer traffic-building platforms.
Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
In some ways, hospitality and experiences have changed very little. What has changed are the digital platforms that give guests round-the-clock access to both participation and connection.
The greatest value in today's rewards programs should lie in hotel companies' ability to collect, store and utilize data more effectively to help brands offer guests more personalized experiences.
B&B Hotels has more than 450 hotels in 10 countries and reported revenue last year of 580 million euros.
Hotel companies need to come up with a design that not only reflects lifestyle and social elements of guests but also has to remain true to a brand’s essence and tone.
Both Roxy and Angie Hospitality have shared a founding principle of providing hoteliers with innovative solutions needed to keep pace with the rapid technological advancements taking place in consumers' homes.
The New York-based company promises “tech-forward accommodations,” including a mobile app for check-ins and messaging with customer service.