What is the Cost to build app like OYO in 2024?
The process for building an app like OYO has changed dramatically in the last several years. Almost everything has an app these days. In an effort to simplify everyone’s life, the internet world is rapidly evolving, and mobile applications are a major component of this evolution. For example, many people nowadays have a strong desire to travel and search for reasonably priced hotel that offers a satisfying stay. This is where apps for online hotel bookings come into play, improving the comfort and convenience of travel.
There are many hotel booking apps available in app stores, like Nestaway, Airbnb, Trivago , but OYO is the most popular and preferred choice. Let’s discuss why developing an on-demand hotel listing app could be important for your startup’s growth and learn more about the OYO app.
Table of Contents
Why Do You Need to Build a Hotel Booking App Like OYO?
In today’s digital environment, developing a hotel app like OYO is a good opportunity. OYO has revolutionized the travel business by offering a user-friendly platform that links visitors with reliable, reasonably priced hotels. Here are some reasons to consider developing another similar app:
- Dependability and convenience are now top priorities for travelers. This is satisfied by an app like OYO, which offers simple booking, standardized facilities, and affordable rates all on one platform
- By using already-existing hotels, OYO’s asset-light strategy permits rapid development into new regions without the need of building new facilities.
- The company may be optimized to increase client satisfaction and profitability through the use of data analytics for pricing strategies, demand forecasts, and consumer preferences.
- The company may be optimized to increase client satisfaction and profitability through the use of data analytics for pricing strategies, demand forecasts, and consumer preferences.
- There is a great chance for new competitors because to the rising need for affordable travel, particularly in developing nations. By fulfilling this requirement, an efficient hotel app has the potential to take a sizable market share.
- Developing a hotel app like OYO gives you access to a tested market, scalability, income diversification, and the chance to lead innovation in the Travel and Hospitality sector.
How to Create a Hotel Booking App Like OYO?
A hotel booking app like OYO requires a delicate balancing act between user experience, technology, and market demands. Here are some basic guidelines to guide you through the procedure:
1. Identify the Market
It’s necessary to understand how the hotel booking business operates before beginning development. Research competitors’ websites to see what makes them successful, such as Booking.com, Airbnb, and OYO. Do research on customer preferences, market trends, and current issues to identify your USP. Your app’s features, design, and approach will all be influenced by this study.
2. Describe the Main Features of Your App
Your hotel booking app should include the following essential features:
- User profiles: For a more customized experience, let users create and handle their own profiles.
- Options for Search and Filtering: To help clients to find the ideal hotel, include refined search options like location, price range, facilities, and ratings.
- Booking System: Provide an impressive booking engine that manages changes, cancellations, and bookings.
- Integration of Payment Gateways: Employ safe payment methods to ensure seamless transactions.
- Hotel Listings and Reviews: In order to help customers in making smart selections, include complete hotel details, images, and reviews.
- Real-time Availability: To prevent booking conflicts, make sure consumers see updated rates and real-time availability.
3. UX/UI
Make sure your design is both attractive and intuitive. The UI/UX of the app should be simple to use and clear. Give mobile responsiveness first priority because the majority of customers will use smartphones to access the app. User satisfaction will increase with a simple design and easy navigation.
4. Development and Technology Stack
Select the appropriate stack of technologies for developing apps. Think about using:
- Frontend: Flutter and React Native are examples of cross-platform development technologies.
- Backend: Sturdy frameworks for server-side activities, such Django or Node.js.
- Database: Scalable databases, such as MongoDB or PostgreSQL, enable effective management of user data and hotel information.
5. Testing and Quality Assurance
Test the app thoroughly to identify and fix any bugs or problems. Conduct a range of tests, including as security, usability, and functionality tests. Make sure the app functions flawlessly on a variety of operating systems and hardware.
6. Launch and Promotion
Develop a marketing plan prior to of the app launch. App store optimization, social networking, and collaborations may all be used to market your app. Collect input from early adopters in order to make the required adjustments.
7. Post- Launch Services
After launch, keep up with app support and updates depending on user input and changing industry trends. Updating often and introducing new features will keep users interested and bring in new clients.
The above points will help you develop a hotel booking app like OYO. To differentiate yourself in the crowded industry, concentrate on providing an excellent user experience and using innovative technologies.
Essential Features for Creating App like OYO
When you create an app like OYO, a popular platform for booking hotels, you have to include the necessary features that serve both hotel partners and consumers. Here’s a summary of the key elements you must include the following:
1. A simple interface to use
A strong user experience is key to the success for an app like OYO. An simple and user-friendly interface is important for fast hotel searches, details, and reservations. User satisfaction is increased by an easy booking procedure, organized menu system, search filters, and other features.
2. Powerful Search and Filter Features
Users must have efficient search and filter options in order to identify suitable hotels quickly. Besides offering a map view to display hotel locations in connection to landmarks or other attractions, the app should provide filters for pricing, location, star rating, amenities, and room kinds.
3. Booking and Availability in Real Time
It’s important to have real-time updates on the status of bookings and hotel availability. Combining the app with hotel management systems is essential in order to display up-to-date availability and prevent duplicate reservations. Instant booking confirmations and simple viewing or modification of bookings should be provided to users.
4. Secure Payment Gateway
A secure payment gateway is essential for safe transactions. The app has to enable many payment methods, such as credit/debit cards, digital wallets, and online banking. Ensuring privacy and safeguarding user payment information requires strong encryption and security methods.
5. Hotel Partner Dashboard
In order to monitor performance indicators, handle reservations, and update room availability, hotel partners require a dashboard. It needs to support responding to guest reviews, uploading photos, and changing rates. Analytics software will track reservations, sales, and customer feedback.
6. Customer Reviews and Ratings
The inclusion of user feedback and ratings simplify decision-making and improves transparency. Guest reviews and comments should be able to be left on the app. Honest reviews build trustworthiness and support potential customers in selecting the ideal hotel.
7. Customer Support
In order to fix problems and increase satisfaction among customers, effective customer care is essential. Email, phone, and live chat help should all be available in the app. An AI chatbot can provide instant help for common queries, improving the user experience.
8. Notifications and Alerts
Users are kept updated about booking confirmations, special deals, and significant developments through push notifications and alerts. Notifications that are customized to the interests and actions of the user can improve engagement and promote return reservations.
By adding the above features, you can create a hotel booking app like OYO that provides a smooth experience for users and strong management tools for hotel partners.
Cost to Build an App like OYO
The cost of creating an app is affected by a variety of factors, including the features of the app, the technology used, the developer’s hourly wage, and most importantly, the total number of hours needed to build the app.
Lets look into a brief cost breakdown table to build an app like OYO:
| Cost Components | Estimated Costs (USD) |
|---|---|
| Design and UX | $3,600 to $12,000 |
| Development Team Location | Costs may vary based on the location, but you can contact our team for a detailed quotation. Click Here. |
| Technology Stack | $2,400 to $7,200 |
| Development of Core Features | $12,000 to $60,000 |
| Launch and Deployment | $1,200 to $3,600 |
| Testing and QA | $2,400 to $12,000 |
| Maintenance | $3,600 to $12,000 / Year |
| Customer Support | $1,200 to $6,000 / Year |
| Marketing and User Acquisition | $2,400 to $24,000 |
| Legal and Compliance | $1,200 to $3,600 |
| Server and Hosting | $1,200 to $4,800 / Year |
Final Thought
In the section above, we looked at the stats related to OYO apps. I hope this gives you a clear idea of the potential for apps like OYO in the future. Online hotel listing apps are becoming increasingly popular as people prioritize comfort. If you’re considering building an app similar to OYO, you can consider this blog.
We’ve covered everything you need to know about developing apps like OYO, including costs, essential features, types, and more. This information will help guide you in creating the best app possible.
Pick your app development partner carefully. YeasiTech has 5+ years of experience developing travel-related apps. We bring you a simple to use online hotel booking application that will revolutionize your company and propel it forward. The members of our team may be contacted directly by communicating with them here.
FAQ’s
1. What factors affect the cost of building an OYO-like app?
App complexity, design quality, platform preference, development team location, technological stack, and third-party integrations are important considerations.
2. What factors affect the cost of building an OYO-like app?
App Complexity, Development Platform, App Complexity, Development Team Location and Technology Stack affect the cost of building an app like OYO
3. How can I reduce the cost of building an app like OYO?
Start with an MVP and prioritize the most important elements first. Think about outsourcing development to areas with cheaper rates if you want to successfully control costs. Use pre-built solutions and existing frameworks or platforms to speed up the process.
4. What challenges should I expect?
Scalability makes ensuring the program can manage expansion while integration complexity deals with managing third-party integrations. While user experience focuses on designing an intuitive interface, data security is primarily concerned with protecting user information.
