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OYO TO RERUN PATRON PROSPERITY PROGRAM IN 2022

The success of OYO's Patron Prosperity Program has led the company to rerun it again this year.

24.02.2022
BY JACKSON KEEFE
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OYO, the leading technology platform for the hospitality industry, is pleased to announce its second annual Patron Prosperity Program.

The platform enables home-based and hotel-based businesses to connect with customers globally. It has helped patrons grow their businesses through its robust suite of solutions by providing them with a single point of contact for all their needs since 2013.

OYO's Patron Prosperity Program

Last year, OYO launched its first-ever Patron Program, which focused on addressing its patron community's needs. Each month, the company rolled out new tools and features designed to help its asset owners increase their revenue and occupancy.

Through the program, properties enrolled in the Smart Pricing v2 tool saw a 10 percent boost in RevPAR (Revenue Per Available Room). Additionally, partners who signed up for the optimization program had an average RevPAR increase of 15 to 25 percent.

Following the successful implementation of the program, OYO's President Prasun Choudhary noted that the company would continue to support its partners in order to help them provide better services to their patrons.

"Acknowledging partner concerns and seeking solutions to better support them will always remain a priority, and we are proud to reinstate a campaign that will deliver more value for our partners so they can better serve their patrons," the CEO said.

What OYO tries to solve

The success of OYO's first Patron Program allowed the company to establish a stronger foundation for its second effort, which is expected to launch in 2022. The program features a hyper-focused approach that will help address the various pain points that partner businesses face.

The pain points that OYO is trying to tackle include Revenue Growth, Freedom & Flexibility, Customer Delight, and Enhanced Patron Experience.

As the hospitality industry continues to evolve, OYO is committed to supporting its partners and ensuring that they are well-equipped to meet the needs of its valued patrons.

"OYO is taking strides to pave a successful path forward as the landscape of hospitality evolves," Prasun explained in an official statement. "The transparency we provide upfront about our Patron Prosperity Program emphasizes the loyalty and commitment we maintain for our valued patrons now and in the future."

During the first quarter of 2022, OYO's Patron Program will improve the customer experience and increase revenue for both guests and patrons.

While the stakeholders are informed about the updates and new features that OYO has to offer, the public can also follow the company's blog to get a closer look at the program.

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