OYO booked over 5 lakh nights for New Year’s eve
The Hindu
Bookings were worth ₹110 crore: CEO
More than 10 lakh people booked for more than 5 lakh nights with hospitality chain OYO for New Year celebrations, generating bookings worth about ₹110 crore over the weekend on its global platform, according to company founder and group CEO Ritesh Agarwal.
In a social media post, he said 58% bookings for the New Year’s eve were made on the same day keeping the trend witnessed since December 2017 that reflected the “impulsive emotion and decision” related with travel.
“For all of us at OYO, it was a busy NY (new year),” he wrote in his post on the LinkedIn social platform.
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