Answer 3: OYO achieved growth because of their innovative business model as they are

entering into different types of hotel services. This made them to grow successfully from the year
of their incorporation. They are present into 11 countries with different types of services like
 Hotel rooms,
 Oyo flagship,
 Oyo Township,
 Studio Stays,
 Events & other long stays
 Commercial Places
 Oyo Wizard etc.
There growth in terms of market size and revenue is because of their commissions from the
services from hotel partners.
By continuously entering different kinds of hotel services along with best business models make
them market leader in many countries. We know that Oyo is a loss-making company since its
inception. Their focus is to provide affordable hotel services.
So, managing Quality & Growth is difficult for Oyo but they can get both Growth and Quality
services by using
 Technology &
 Innovative business models

Even Oyo has recently Tied up with Microsoft for Next generation travel and Hospitality
products. This will help in improving customers experience, and in the same way it also
increases revenue for Oyo as it will attract more customers.
These kind of tie ups and innovations will help them to get both Growth and Quality services at a
time.