Largest footprint in terms of hotel storefronts in India and SEA
Second largest footprint in Europe in terms of home storefronts among full stack short-stay accommodation players, according to RedSeer.
Asset-light business model and a lean cost structure - the company does not own the storefronts listed on its platform
Full-stack technology platform
Two flagship Patron applications - Co-OYO and OYO OS
An increase in Patron satisfaction score from 30.1% for the three months ended September 30, 2020 to 72.3% for the three months ended March 31, 2021
Unit economics, measured based on Contribution Profit, has improved from 5.1% in Fiscal 2020 to 18.4% in Fiscal 2021
The proportion of hotel and home storefronts with minimum guarantees or fixed payout commitments from the company has decreased from 14.7% in Fiscal 2019 to 0.1% in Fiscal 2021.
Impact of the Covid-19 pandemic on the travel industry.
Negative cash flows from operating activities in prior years.
Company has incurred net losses in each year since incorporation.
A substantial amount of debt in the past
No control over or ability to predict the actions of our patrons, customers and other third parties, such as neighbors or invitees, during a customer’s stay
Any adverse outcome in legal proceedings involving Zostel may affect the business.
The company is currently involved in a matter before the Competition Commission of India.
There is a pending litigation against the company, certain subsidiaries and directors and promoters.