OYO Rooms: A Revolutionary Application for Business and Travellers

Running head: ON YOUR OWN ROOMS
On Your Own Rooms
Name of the Student
Name of the University
Author note

1ON YOUR OWN ROOMS
Table of Contents
Introduction....................................................................................................................3
History............................................................................................................................3
Working:........................................................................................................................4
Working procedure of the application............................................................................4
Conclusion......................................................................................................................7
References......................................................................................................................9

2ON YOUR OWN ROOMS
Introduction
The mobile technology is one of the latest and most used modern technology that
have taken the world. The mobile industry have expanded in the last decade and have reached
each and every sector of the world. The revolution was primarily brought by the Google’s
Android and the Apples IPhone. Since then there have been significant increase of the mobile
software commonly known as the applications. In the present time each and every
organization in the world is trying too launch a mobile application in the market (Sharma et
al. 2017). These application have been designed in specific formats for the process of the
working in an android or an IPhone. The OYO room’s application is one of the application
that helps in the process of business incrsing with the usage of the applications. The Oyo
rooms’ application helps in the process of management of list of the hotel chains and helping
the business persons to earn money and increase the business while the customers in
accommodation.
This paper explains the details about the OYO rooms’ application. The history of the
application and how it works on the process of the business management (Devang et al.
2017). Further this paper explains the advantages or disadvantages of using the Oyo rooms’
application in terms of the business owners and in terms of customers.
History
The OYO or the on your Own rooms was designed in the year of the 2011 by Ritesh
Agarwal of India launched the Oravel Stays for the customers to book an accommodations.
This industry became one of the most rapid industry and soon many of the small hotels and
hostels started registering for the Oravel Stays (Soni 2017). Later in the year of the 2013 the
named got changed in Oyo or on your own rooms. This was the first B2B and B2C start-up
that have helped in the process of the hotel industry to begin.
Working:
The Oyo rooms are often called as an aggregator and not a market place. This is
because the customer of the OYO rooms books though the Oyo room application and not the
partner of the Oyo rooms. That is in simple words the responsibility of the customers are to
the Oyo rooms and the hotels are also responsibility if the Oyo but not the customers are the
responsibility of the hotel. This helps in the process of the incrsing the B2b and the B2c