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OYO inks distribution partnership with Hotelbeds

Press Trust of India  |  New Delhi 

SoftBank-backed Hotels & Homes Monday said it has partnered Spanish firm that will provide the Indian company with access to more than 60,000 around the world.

The preferred agreement represents OYO's first-ever partnership with a bedbank, said in a statement.

No financial details of the partnership were disclosed.

is an organisation that negotiates special rates with accommodation providers and acts as a

"The partnership provides with access to more than 60,000 around the world that use the platform, including tour operators, airline websites, points redemption programs, loyalty plans, and MICE operators from more than 140 source markets," the statement said.

Also, Hotelbeds' clients will have access to OYO's portfolio of over 18,000 franchised and leased hotels and over 10,000 homes and villas across 10 countries, it added.

"channel of B2B helps us access new customer segments and geographies. The company's cost-efficient channel makes them an ideal partner to achieve our goal," & said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 15 2019. 20:10 IST