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Comment by beautybasics | Hacker News Reader

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beautybasics·

Lot people find this usedful.

- They are solving problem differently

- 24 year old scaled a company to $5 billion value

And of course you can downvote.

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All of the current major brands inspect hotels frequently. I don’t see anything different Oyo is doing, other than being in a country where people are just starting to be able to afford midscale hotels with some quality control.

Oyo's trick seems to be that they're not building hotels themselves (which is obviously slow and very expensive), but they're applying branding & quality control to existing unbranded hotels and taking a hefty cut in exchange for distribution.

There are plenty of budget hotel chains in India (Treebo, Ginger, Lemon Tree, Fab, etc), some of which have been around for 15+ years, so obviously Oyo has done something right to leapfrog all of them.

That's called franchising and I wouldn't call it a trick since many brands, especially restaurant and hotels, have been doing it for a long time.

>- They are solving problem differently

So like thousands of businesses do?

>- 24 year old scaled a company to $5 billion value

And that makes it useful because? It shows that another few out of billions of 20-something might also be able to do it? We already knew that from Zuckerberg.

You can't downvote submissions, only flag them. Downvoting is reserved for comments.

you can only downvote with enough karma/rep/whatever it is here

Plus, you can't downvote submissions at all, even if you have the 500 karma necessary to downvote comments. The only thing you can do is to flag it.

or ignore and move on to the next article.

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