Over 10 Lakh People Booked For More Than 5 Lakh Nights With OYO For New Year Celebrations: CEO Ritesh Agarwal

New Delhi: Over 10 lakh folks booked for greater than 5 lakh nights with hospitality chain OYO for New Year 2023 celebrations, producing bookings price round Rs 110 crore over the weekend on its international platform, in line with firm Founder & Group CEO Ritesh Agarwal. In a social media put up, he mentioned 58 per cent bookings for the New Year's eve have been made on the identical day retaining the pattern witnessed since December 2017 that mirrored the "impulsive emotion and decision" associated with journey."Thank you to over a million people who booked more than half a million nights with us this New Years. For all of us at OYO, it was a busy NY (new year)," he wrote in his put up on LinkedIn.He additional mentioned, "2021 booking was (the) highest among 90 pandemic weekends since April 2020 with total customer bookings globally on our platform worth (around) Rs 110 crore ($14.6 million) over the weekend." Agarwal mentioned rooms booked on NY weekend of December 30-31 in 2021 stood at 5.03 lakh as in comparison with 1.02 lakh 2016.Stating that for a lot of, journey has at all times been (*10*), he mentioned OYO's knowledge vindicated it. The share of OYO bookings made on the identical day for New Year's eve for December 31, 2021 was 58 per cent, it was at 61 per cent in 2020, 57 per cent in 2019, 63 per cent in 2018 and 55 per cent in 2017, he wrote.Reflecting on the expansion the tech-driven hospitality chain has grown, Agarwal mentioned in 2021 OYO has established presence in over 10,000 cities with round 1.59 lakh storefronts in 35 international locations. In 2015, it had a presence in 127 cities with 1,229 storefronts.Pointing to the contemporary surge in COVID-19 circumstances, he mentioned, "Let us all brace for what 2023 has in store for us. And while 2020 and 2021 have been hard hitting, we have seen that we will all take every opportunity to indulge in what we all love - travelling and exploring the world around us."