OYO joins hands with the Goa Tourism Department to promote tourism, launches Accelerator Program

In a significant move to promote tourism in Goa, OYO, a leading hospitality chain, has partnered with the Goa Tourism Department to launch its Accelerator Program. This initiative aims to support small and first-generation hoteliers in expanding their businesses and achieving long-term profitability.

The Accelerator Program was launched by Shri Rohan A. Khaunte, Honorable Minister for Tourism, Goa, in the presence of Varun Jain, Chief Operating Officer, OYO. The program is designed to provide financial assistance, mentorship, and access to technology to help hoteliers scale up their operations.

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The Accelerator Program offers a range of benefits to hoteliers, including:

• Financial assistance to help hoteliers expand their operations
• Mentorship and guidance to help hoteliers navigate the complexities of scaling up
• Access to technology, including OYO’s revamped technological products like Co-OYO and OYO 360
• Dedicated relationship managers to provide support and guidance
• Access to OYO’s network of over 15,000 corporate accounts and more than 10,000 travel agents across India

The partnership between OYO and the Goa Tourism Department is expected to have a significant impact on tourism in Goa. With over 500 hotels expected to be onboarded under this program, it is estimated that more than 5,000 new jobs will be generated in the state over the next one year.

“The Accelerator Program not only aligns with our vision of sustainable tourism but also provides a platform for small and mid-sized businesses to scale up their operations through strategic mentorship, technology integration, and financial support,” said Tourism Minister Rohan Khaunte.

“We are excited to partner with Goa’s aspiring hoteliers, helping them realise their business potential. Our confidence in the success of this Program in Goa stems from the proven results we have witnessed in other states where it has already been implemented,” said Varun Jain, Chief Operating Officer, OYO.

The partnership between OYO and the Goa Tourism Department is a significant step towards promoting tourism in Goa. With its Accelerator Program, OYO is providing a platform for small and first-generation hoteliers to scale up their operations and achieve long-term profitability. This initiative is expected to have a positive impact on tourism in Goa, generating new jobs and promoting sustainable tourism practices.