A couple of years ago, finding a good place to stay in a new city was a real challenge. Many people struggled with limited options and tight budgets. Plus, the overall process of searching for accommodations was exhausting, which overwhelmed travelers.
But not anymore! Thanks to apps like OYO, booking hotels has become a lot easier. Anyone can find hotel options, from budget stays to luxurious five-star experiences.
According to a report, the online travel booking segment generated revenue of $551,762 million in 2023. This figure is expected to further increase in the coming years, highlighting the potential for hotel booking apps in the market. Even though the market has multiple hotel booking apps, there is a gap that you can fill by developing an OYO mobile app clone.
Ready to transform the hotel booking industry? Read this blog till the end because it discusses:
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Founded in 2013, OYO quickly became one of the largest hotel chains in the world. Currently, OYO operates in 800 cities across 80 countries. The company is known for offering comfortable, affordable, and quality-assured accommodations to travelers.
India remains a crucial market for OYO, with the app being downloaded over 25 million times across Android and iOS. In 2023, OYO Rooms in India generated a revenue of nearly 55 billion Indian rupees, showing a significant increase from the previous year.
Besides India, OYO has expanded its services to various regions of Europe, Southeast Asia, and the Middle East. Countries that popularly use the OYO app include Denmark, Germany, Belgium, Malaysia, Indonesia, and Middle Eastern nations.
If you are interested in app development like OYO, this is the right time. The hotel booking market is becoming increasingly popular, and you can be a part of it.
To build a successful hotel booking app like OYO, you need to include features that meet the needs and preferences of your users. Here are the 10 key features:
Make it easy for users to sign up and log in through email, social media accounts, or phone numbers. Keep the process quick and simple to encourage user engagement and retention.
Show real-time information about room availability and prices so users always have the latest details. This builds trust in your app, as users can be sure that the rooms they book are really available.
Make comprehensive hotel listings with high-quality photos, detailed descriptions, amenities, and guest reviews. This helps users choose the right place to stay and gives them a clear idea of what to expect.
Create a powerful search feature that helps users easily find hotels by location, dates, price, and amenities. Add filters for star ratings, guest reviews, and distance from popular places to help them narrow down their options.
As per a report by Statista, the “search” feature is the main reason people use hotel booking mobile apps.
Offer a safe and easy booking process so users can quickly choose their room, enter their personal and payment details, and confirm their booking. Include various payment options like credit cards, digital wallets, and online banking for a better user experience.
Allow users to easily change or cancel their bookings within a specified time frame. This adds flexibility and helps build trust and loyalty with your users.
Send push notifications to users about special offers, discounts, and updates on their bookings. This keeps users engaged and informed about the latest deals and promotions.
Encourage users to leave reviews and ratings for the hotels they stay at. This helps other users choose the right place and gives helpful feedback to hotel owners.
Create a loyalty program that rewards users for their bookings and referrals. This encourages them to book again and helps build a sense of community among users.
Reach a global audience by offering support for multiple languages and currencies. This makes your app easier to use for people from different countries and attracts more travelers.
Mobile app development like OYO requires careful planning and execution. Follow these key steps for the best results:
Perform market research to find out who your target audience is and what their needs are. This will help you customize your app to meet their specific needs.
Make a detailed plan that outlines your goals, target market, revenue model, and marketing approach. This plan will guide your app development process and keep you focused on your objectives.
Choose the right programming languages, frameworks, and tools for building your app. While making your choice, consider factors like scalability, security, and ease of integration.
Design an easy-to-use interface that is visually appealing and easy to navigate. Use simple language and ensure the app is accessible for users with different technical skills.
Test the app thoroughly to find and fix any problems. Get feedback from beta users and make the necessary changes to improve the user experience.
When the app is ready, launch it in the right app stores and promote it through social media, email marketing, and content marketing.
[Also Read - How to Build An App Like Airbnb]
The cost of developing a hotel booking app like OYO depends on several factors, like the size and location of the development team, platform, tech stack, app complexity, third-party integration, hosting & maintenance, and more.
But on average, the development of an app like OYO Rooms cost somewhere between $35,000 and $65,000. The price can increase or decrease based on your project requirements.
After hotel booking app development, you can implement these effective monetization strategies to generate revenue:
Under this model, you earn a commission on each booking made through your app. Many hotel booking apps use it as their primary revenue model, including OYO Rooms.
You can also generate revenue through advertising. Simply display targeted ads in your app and earn revenue based on impressions or clicks. This strategy best works with a large user base and high engagement rates.
Give hotel owners the chance to promote their properties with sponsored listings on your app. This can help you earn money while also offering more value to your users.
Provide premium features or services for users who want to pay for extra benefits, like priority customer support or exclusive deals.
Create a loyalty program that rewards users for their bookings and referrals. This can help build a sense of community and encourage them to book with you again.
Partner with other businesses to offer exclusive deals or promotions to your users. This can help you earn money in different ways and give your users even more value.
Besides OYO, many other top players in the hotel booking sector exist. Check them out for custom mobile app development without fail:
Founded in 2015, Nestaway specializes in the rental marketplace and focuses primarily on youth. It is one of the fastest-growing companies, providing rental solutions through design and technology. Their main goal is to help homeowners earn higher rental incomes while offering attractive homes at affordable prices. They also provide a smooth onboarding experience and support for both tenants and property owners.
ZiffyHomes is a great option for young professionals looking for beautiful living spaces, a lively community, and constant support. They offer top-notch assistance to working-class individuals, helping them save valuable time. This real estate company specializes in hassle-free renting and rental accommodations.
StayAbode provides young people who move to other cities with a sense of living at home. They address issues like high rents, the hassle of furnishing, large security deposits, unreasonable restrictions, and curfews. To solve these problems, they introduced the concept of co-living through their innovative idea.
Developing an OYO clone app can be challenging and complex. But with the best mobile app development company, like Protonshub Technologies, you can create a powerful app without hassle. Our team of experts helps you understand the market and includes features that can make your app stand out from the competition.
Once your app is created, you can implement effective monetization strategies to generate attractive revenue. You can call us today to get started with your hotel booking app development.
Regardless of your app's complexity, our team of professionals can bring your vision to life by creating engaging apps that meet the needs of your target audience.