When Anika Suites opened its doors along Escario St. in Cebu City on March 18, 2019, occupancy rates were low.
Naming the hotel after Anika Island Resort, a popular resort owned by a business partner on Bantayan Island, proved to be not enough to bring in the clients, said Joey Enario, owner and property manager of the hotel.
That is, until they struck a deal with OYO Hotels & Homes, a global chain of hotels, homes, and managed living and workspaces, in June 2019.
Enario said they saw the growth opportunity with the minimum guarantee offered by OYO. Under their agreement, OYO will help boost the hotel’s occupancy rate and business regardless of revenue performance.
“We compared what OYO can offer against the competition and decided that OYO would be a better pick for us,” Enario said.
The results of that decision and the subsequent partnership became apparent in just a few months.
“Our occupancy rate right now ranges from 80 percent to 85 percent, a significant increase from before just like OYO has promised,” Enario said.
Enario also noted how OYO OS, a hotel management system that allows online procurement and inventory management, has improved the efficiency of the hotel’s daily operations.
“The system makes it easier for my front office and accounting staff to keep track of all the hotel bookings and transactions,” he said.
With the help of the OYO Captain, a dedicated manager who guides hotel staff and assists them in managing the hotel business, Enario saw sustained improvements in daily hotel operations.
“The OYO Captain assigned to us has been very helpful. She always attends to all our queries,” he said.
OYO Hotels & Homes collaborates with small independent hoteliers to equip them with operational and technological capabilities that will enable them to keep pace with major hospitality players.
OYO has established its presence in key cities in Metro Manila, Baguio, Pampanga, Boracay, Talisay, Iloilo, Bataan, Tagaytay and Davao, which offer more than 260 hotels and 4,300 rooms across the country. (From PR)