OYO has launched Oravel Travel Solutions, a B2B platform aimed at facilitating corporate travel and event planning. This initiative will streamline services for organising business events such as summits and off-sites, utilising OYO's network of over 500 serviced hotels throughout India.
The new vertical provides corporate packages that include comfortable accommodations, tailored meal options, conference facilities, and event management support. OYO's focus extends beyond major cities to include tier-II and tier-III locations to meet the rising demand for corporate travel.
Commenting on the initiative, Ritesh Agarwal, CEO, OYO said “The corporate travel market is undergoing rapid transformation as businesses seek travel solutions that are both cost-efficient and flexible. Our new corporate vertical will not only cater to large enterprises but also meet the needs of small and medium businesses. From smooth check-ins to hosting conferences and meetings, our dedicated teams handle every detail to ensure your business trips and events are hassle-free".
The pilot program has already seen partnerships with several notable companies, reinforcing OYO's commitment to enhancing its services in the corporate sector amid projected growth, with the Indian corporate travel market expected to reach $20.8 billion by 2029-2030, according to Deloitte.
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