Assignment

OB-III

Submitted By

Vishal Mehta

Roll No- 42

Program of Marketing Management

XAVIER INSTITUTE OF SOCIAL SERVICE

DR. CAMIL BULCKE PATH, RANCHI

Session: 2020-22
 ABOUT THE COMPANY

Opening its entryways in 2013, OYO Hotels and Homes, a youthful lodging fire up, today is
the world's driving chain of inns, homes, and spaces. The portfolio consolidates completely
worked land involving in excess of 44,000 inns with over 1.2 million rooms. Through its
summer homes business, the organization offers explorers and city occupants admittance to
more than 125,000 homes all throughout the planet under OYO Home, Belvilla, Danland,
Dancenter and Germany-based Traum-Ferienwohnungen brands. OYO today works in more
than 800 urban areas in 80 nations, including the U.S., Europe, U.K., India, Middle East,
Southeast Asia, and Japan. OYO is submitted towards building an association fixated on the
best expectations of straightforwardness and corporate administration with critical interest in
constantly improving our administration structure.

OUR MISSION

OYO’s mission is to upgrade all forms of real estate, and thereby provide quality living spaces to
travellers around the world.

OUR VISION

We aspire to become the go-to accommodation brand for people looking for hassle-free and
affordable stay-options anywhere in the world.
 INFLUENCE OF FOUNDER ON THE COMPANIES CULTURE

OYO Hotels and Homes was established by Ritesh Agarwal. Bridging India at 17 years old,
Ritesh remained more than 100 overnight boarding houses, visitor houses, and lodgings to
acknowledge there was an enormous lack of reasonable and great quality inns in the
unbranded spending inn class.

In light of this, he began his innovative excursion. Ritesh accepted that everybody merits a
perfectly planned, stylish, and open to living space. What is more, everybody merits a
superior life. He accepted that he could change the way individuals live. He did that by
redesigning dull, nonexclusive spaces and places and planning them with cutting edge stylish
and plan moxie and offering them at fluctuated value focuses. That is the way OYO was
dispatched in May 2013 (known as OYO Hotels and Homes now).

OYO’S CULTURE TENETS

The world believes in us because we believe in us. The way of life at OYO – and our
approach to things – is guided by 16 core principles or Culture Tenets, as we call them.

Great to read, even better to practice-

1. Mission - Team Work

2. An Equal Mix of Wisdom and Energy
3. We Don't Work for Two Meals A Day.
4. Execute Fast and Good
5. Always Learn Never Lecture
6. Start Small + Ramp Up = Big Results
7. We Make Our Lives Difficult to Make Our Customers and Partners Lives Easy.
8. Communicate
9. Do not Limit Yourself to What You Are Asked To
10. Diversity Is Power Diversity Is Fun
11. We Are Passionate About What We Create
12. Small Team = Big Results
13. Innovate. Maintain.
14. Before We Make A Business Decision, We Calculate Long Term Social Benefits
15. Access Anyone, Support Everyone.
16. Affordable Is Cool, And Cool Is Affordable.
 CULTURE AT OYO

 Oyo embraces half breed work environment model, focused on representative security,
wellbeing, and health.
 OYO has faith in the way of thinking of praising the enterprising outlook of all
OYOpreneurs, who are enabled to take responsibility for areas freely and capably, while
energetically attempting to assist the organization with getting its main goal of making
quality living spaces.
 The ascent of OYO in the positioning rundown is a direct result of the enthusiastic
OYOpreneurs who live by and drive the OYO culture chasing after greatness.
 OYO's way of life offers each OYOpreneur equivalent freedoms to contribute towards
the mission – that of making an ideal space in each spot.
 We are a straightforward and legitimacy-based association where each OYOprenuer gets
the chance to possess and tackle a business issue.
 At OYO we are focused on some key qualities which are building trust, being conscious,
and being consistently tough.
 The organization additionally as of late facilitated its first-historically speaking Virtual
Family Day pointed toward building better relational bonds among OYOPrenuers.
 To advance upskilling and e-learning among our representatives, we have dispatched
OYOVersity,
 Leading with mankind and compassion, we are putting together virtual espresso meetings
with its chiefs.
 At Oyo, they develop a feeling of business venture making OYO an extraordinary work
environment and each OYOprenuer, the way in to OYO's development venture.