Re:Apply HN: Siris Rooms – African Hotel Chain
by wamboga on Friday April 08, 2016 @03:25PM
(#11457190)
With priceline, the issues were simple, the hotels were of good quality but for our case we must standardize.
On oyo,I read about them but they have focused on scale amidst issues with customers www.socialsamosa.com/2016/02/oyo-rooms-viral-consumer-rant-pandoras-box/. So we plan to launch leveraging on surplus but standardizing experience. We will derive revenue from a 10% referral fee and also charge 5% service charge for standardizing the stay
Reading about the Uber aspect of the project reminded me of something similar I'd read about in India, and a quick Google landed on OYO Rooms https://en.wikipedia.org/wiki/OYO_Rooms. [I'm not sure OYO is what I read about but it's the general idea]
There seem to be two orthogonal goals: resell excess inventory and sell only "high quality" rooms. One is oriented toward hotel operators, the other toward travelers. Presumably the surplus of rooms will tend to be lower quality relative to their price. Travellers want the rooms that are least likely to be surplus (high quality relative to price).
How do you see this set of competing interests being resolved in the interest of both groups to create a two sided marketplace?