OYO to Double Company-Serviced Hotel Revenue Share and Footprint by FY26

OYO to Double Company-Serviced Hotel Revenue Share and Footprint by FY26

By Manu Vardhan Kannan

Published on June 10, 2025

Global hospitality technology company OYO has announced an ambitious plan to expand its company-serviced hotels in FY26, doubling their booking revenue share from 22% to 44%, reinforcing the brand’s focus on delivering premium guest experiences and boosting profitability in the Indian market.

Currently operating over 1,300 company-serviced hotels across India, OYO’s fastest-growing segment includes Townhouse, Townhouse Oak, Capital O, Palette, and its premium brand SUNDAY—hotels that have consistently proven popular among mid-segment and premium travellers.

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The footprint of these company-serviced hotels will grow significantly from 124 cities to over 300 cities. New locations include Mohali, Faridabad, and Jalandhar in the North; Cuttack, Asansol, and Darjeeling in the East; Mangalore, Kollam, Port Blair, and Kasaragod in the South; and Bhilwara, Vapi, Junagarh, and Jalgaon in the West.

Higher Occupancy and Customer Satisfaction

These properties are already performing better than average. With a customer rating of 4.6, compared to OYO’s overall average of 4.0, and an occupancy rate 2.7 times higher than franchisee hotels, the company-serviced model is delivering strong guest loyalty and satisfaction. OYO’s internal data shows that the repeat customer rate is 1.3 times higher for these hotels.

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According to Varun Jain, Chief Operating Officer, OYO,

“The program is in line with OYO’s strategic focus for 2025 for the India market, which aims to drive profitability by enhancing the overall guest experience. The superior ratings reflect better service standards, well-maintained facilities, and a seamless guest experience which results in stronger guest loyalty and repeat stays in our hotels.”

Top Performing Properties

The top five company-serviced hotels based on guest feedback ratings include:

  • Palette Heritage Scindia Ghat, Varanasi

  • Super OYO Townhouse Oak Mahadevpura, Bangalore

  • OYO Townhouse Lakdi Ka Pul, Hyderabad

  • Palette Patel Nagar, Bhopal

  • Super OYO Townhouse Oak Alandur, Chennai

Company-Serviced Model: A Growth Engine

OYO first introduced the company-serviced model in FY23, where it contributed under 2% of booking revenue. Since then, it has become the company’s fastest-growing segment globally, supported by standardised operations, enhanced service quality, and a superior guest experience.

These hotels are listed as ‘Company Serviced’ on the OYO app and website, and offer property owners two models: revenue sharing or fixed rentals. With a dedicated on-ground team and channel partner network, OYO has rapidly scaled this segment by leveraging data-driven insights to identify high-demand areas and enhance service delivery.

The expansion will focus on leisure destinations, pilgrimage centres, and business corridors, where demand is strong and property owners are willing to engage in long-term partnerships.

OYO’s renewed focus on this model underlines its commitment to providing high-quality, reliable, and consistent stays for both business and leisure travellers, shaping the next phase of growth in India’s hospitality space.


Indo Count Partners with ProXpense to Simplify AI-Driven Travel and Expense Management in India

Indo Count Partners with ProXpense to Simplify AI-Driven Travel and Expense Management in India

By Manu Vardhan Kannan

Published on October 11, 2025

 Indo Count Industries Ltd. (ICIL), a global leader in home textiles and the world’s largest manufacturer of bed linen, has partnered with ProXpense, an AI-powered Travel & Expense Management platform, to streamline and digitize travel and expense management for its India offices and globally traveling workforce.

Previously, managing employee travel and expenses across multiple geographies through India offices was a time-consuming process, involving manual reports, delayed reimbursements, and limited spend visibility. With ProXpense’s AI-driven platform, Indo Count now benefits from real-time expense tracking, automated policy enforcement, and AI-powered auditing, enabling improved control, compliance, and operational efficiency.

“We’re thrilled to onboard Indo Count and support their vision of building a smarter, digitally empowered travel and expense ecosystem,” said Himanshu Singh, Founder & CEO, ProXpense. “Our goal is to help enterprises like Indo Count automate repetitive processes, ensure real-time compliance, and deliver a seamless user experience, making expense management intelligent, transparent, and future-ready.”

The implementation of ProXpense marks a significant milestone in Indo Count’s ongoing digital transformation journey. By integrating AI-led automation into its travel and expense operations, the company has created a unified system for India-based teams to efficiently manage global business travel, while maintaining complete visibility and control over employee spending worldwide.

“Before ProXpense, managing our employee and travel spends across multiple regions was chaotic, manual reports, endless reimbursements, and no visibility. With ProXpense’s AI-driven platform, we now track every expense in real time, automate policy enforcement, and get instant insights into spending patterns. The AI audit engine even flags exceptions automatically, saving hours of manual review. And our teams actually enjoy using it. ProXpense has made spend management effortless for our team,” said Samir Bhiwapurkar, SGM – HR & Admin, Indo Count Industries Ltd.


Phuket Emerges as Top Choice for Indian Property Buyers

Phuket Emerges as Top Choice for Indian Property Buyers

By Hariharan U

Published on October 11, 2025

Phuket, Thailand's largest island, is quickly becoming a go-to destination for Indian families and investors looking to buy property abroad. With its pristine beaches, rich culture, and warm hospitality, Phuket offers the perfect mix of natural beauty and modern living.

The island has seen growing interest thanks to direct flights from Mumbai, Delhi, and Bangalore, making it easier than ever for Indian visitors to explore. Phuket has also become a popular wedding destination, with luxurious beachfront resorts hosting grand celebrations. Many families fall in love with the island and consider property ownership to stay connected long-term.

Property options in Phuket are diverse, ranging from stylish entry-level units to high-end branded residences. Recognizing the rising demand, Banyan Group Residences has set up a dedicated sales team in India.

Phuket is ideal for multi-generational living, offering safe neighborhoods, excellent healthcare, and family-friendly amenities. Residents enjoy world-class golf courses, shopping malls, yacht marinas, international schools, and high-speed internet. Its affordability combined with a high quality of life makes it an attractive choice for property buyers.

Banyan Group, known worldwide for its Banyan Tree Hotels & Resorts, is a key driver of Phuket’s real estate scene. Ranked as Asia’s top operator of branded residences and fifth globally, the group focuses on sustainability, comfort, and well-being. This approach draws global buyers, including an increasing number from India, who value five-star hospitality and excellent after-sales service. Recently, Banyan Group secured 15 top honors at the International Property Awards, the most of any real estate developer in Asia.

At the heart of Phuket’s real estate appeal is Laguna Phuket, a 1,000-acre integrated resort along Bang Tao Beach. The resort community includes seven world-class hotels, an award-winning golf course, and over 3,000 branded condos interconnected by shuttle buses and ferries. Its eco-friendly Laguna Lakelands project is adding 5,000 new homes, making it Phuket’s largest residential enclave.

Laguna Phuket hosts a vibrant international community, with residents from over 50 nationalities. The community includes a kindergarten, wellness facilities, leisure activities, and the island’s largest Beach Club, creating a self-contained, thriving neighborhood.

"Laguna Phuket has grown into a vibrant residential community. It's a safe, stable, and world-class environment where families, retirees, and professionals can thrive," said Stuart Reading, Managing Director of Banyan Group Residences.

For Indian buyers, Phuket offers a secure, globally connected, and idyllic tropical setting. With its affordability, world-class amenities, and unmatched lifestyle, Phuket is not just a vacation spot, it’s a place to call home.

The issuer is solely responsible for the content of this announcement.


Elanpro Showcases India’s Largest Glass Top Freezer Range at Ice Cream Expo 2025

Elanpro Showcases India’s Largest Glass Top Freezer Range at Ice Cream Expo 2025

By Hariharan U

Published on October 10, 2025

Elanpro, India’s leading commercial refrigeration company, made a standout presence at the Indian Ice Cream Expo 2025 in New Delhi, showcasing the country’s widest range of Glass Top Freezers. The display featured 13 models, attracting ice cream manufacturers, parlour owners, and retail operators eager for efficient, high-visibility cooling solutions ahead of the busy season.

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Over three days, Elanpro’s exhibition highlighted a balance of visibility, energy efficiency, and engineering precision, key factors that influence both sales and product quality in the ice cream business. With impulse purchases driving nearly half of all ice cream sales, attractive product display alongside reliable cooling has become crucial for retailers.

The showcased freezers feature dual condenser technology for rapid temperature pull-down and 70 mm high-density insulation to minimize energy loss. Capable of maintaining stable temperatures as low as –32°C (hard top), these units protect ice cream’s shape, texture, and flavour while reducing melt risk and product waste.

Elanpro also focused on space optimization and internal design. The units accommodate standard 6×6×8 inch ice cream packs, allowing efficient stacking, clear product visibility, and better inventory management.

The range includes five flat glass and eight curved glass/parlour models, catering to different retail formats. Flat glass models are designed for durability and clarity in high-traffic outlets, while curved glass variants add a premium touch for modern parlours and experiential spaces.

Sanjay Jain, Director, Elanpro, said, “Visibility drives purchase, but performance protects reputation. With our extensive flat and curved glass freezer range, we are addressing the real needs of ice cream brands, parlours, and retailers. This range represents our commitment to helping businesses grow without compromise.

Elanpro’s participation underlines its role as a trusted refrigeration partner in India’s expanding frozen dessert sector, helping brands and retailers deliver freshness, maintain visual appeal, and optimize operations.

About Elanpro:

Founded in 2009, Elanpro is a pioneer in commercial refrigeration, catering to sectors like HoReCa, Food & Beverage Retail, Pharmaceuticals, and Healthcare. Headquartered in Gurugram, the company has nearly 700 channel partners across India and is known for products tailored to perform in challenging Indian weather while maintaining quality and durability

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