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Microsoft announces strategic investment in OYO
September 13, 2021
Microsoft and travel tech platform OYO announced that they have entered a partnership to develop next-gen travel and hospitality products and technologies.
OYO will adopt Microsoft Azure as a key enabler to drive cloud-based innovations and reimagine the hospitality and travel tech industry. The solutions will be geared to benefit those who operate the small and medium hotel and home storefronts. Microsoft has also made a strategic equity investment in OYO.
Anant Maheshwari, President, Microsoft India, said, “Combining the power of Azure with the tech and product stack developed by OYO, we are looking forward to accelerating innovation in the travel and hospitality industry”.
As part of this alliance, OYO will develop Smart room experiences for travelers on the OYO platform, such as premium and customized in-room experiences for its guests.
Using Microsoft’s Azure IoT, the experience will include self-check-in supported by the digital register of arrivals and departures and Self-KYC along with IoT-managed smart locks and virtual assistance.
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