OYO Hotels & Homes has announced a strategic partnership with Hotelbeds. This is OYO’s first distribution partnership with a bedbank.
This agreement provides OYO access to 60,000 travel intermediaries around the globe that use Hotelbeds platform. These include tour operators, airline websites, points redemption programs, loyalty plans, and MICE operators.
Hotelbeds clients will have access to OYO’s portfolio of 18,000 franchised and leased hotels. It will also have access to 10,000 homes and villas across ten countries including India, China, Malaysia, Nepal, UK, UAE, Indonesia, Philippines, Saudi Arabia, and Japan.
This partnership will enable OYO Hotels & Homes to distribute rooms through both wholesale and retail channels that operate under Hotelbeds and Bedsonline respectively.
Mark Redmond, Head of Global Chains at Hotelbeds said, “OYO Hotels & Homes is one of the most talked about hotel brands currently and is massively shaking up the entire sector, posing a challenge to much bigger incumbents. So, we at Hotelbeds are very pleased to be the first travel distributor given the privilege to work with them.
“As the largest budget hotel chain, it represents a new offering for our 60,000 plus travel buying clients using our platform, such as travel agents and tour operators – meaning our distribution channel sits perfectly with their needs. Whilst they currently have an impressive 515,000 rooms, they’re set to increase up to 1 million by the end of the year and we’re looking forward to helping them find incremental and higher-yielding bookings for many of those rooms”.