David vs Goliath: OYO catching up fast with MakeMyTrip

OYO claims to have a run rate equivalent to an annualised volume of 15 million room nights

SoftBank-backed OYO, the country’s largest hotel network with an inventory of 70,000 rooms through 8,500 hotels, is being seen as an emerging competitor to MakeMyTrip in the hotel booking space. MakeMyTrip, which also owns the ibibo Group, had delisted OYO from its platform two years ago. Earlier this year, MakeMyTrip had dropped Treebo Hotels before deciding to bring it back. 

OYO has more than doubled its hotel and room capacity over the past two years to emerge as a potential competitor in terms of hotel nights sold. It has moved from a simple distributor model — where it sold the