Auditing in OYO is conducted to ensure hotels adhere to the standards and policies set by OYO and to verifythat OYO is receiving its rightful share of revenue. OYO operates on a revenue-sharing model, where it earns a percentage of the room tariff for each booking. However, some hotels may not report bookings made by walk-in customers, causing OYO to lose revenue. To counter this, OYO conducts surprise physical audits to monitor compliance and prevent such unreported bookings. These… Show more Auditing in OYO is conducted to ensure hotels adhere to the standards and policies set by OYO and to verifythat OYO is receiving its rightful share of revenue. OYO operates on a revenue-sharing model, where it earns a percentage of the room tariff for each booking. However, some hotels may not report bookings made by walk-in customers, causing OYO to lose revenue. To counter this, OYO conducts surprise physical audits to monitor compliance and prevent such unreported bookings. These audits help maintain transparency and ensure that both OYO and the hotel follow the agreed-upon revenue-sharing structure. This process safeguards OYO’s interests and reinforces its partnership with hotels, ensuring fair revenue distribution. Show less