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New York City OYO stands for Online Yield Optimizer, which is a tool used by hoteliers to maximize revenue through pricing and inventory management.
All hotels located in New York City are required to file OYO reports.
To fill out New York City OYO reports, hoteliers need to log in to the online portal provided by the city, enter the required information about their property, and submit the report.
The purpose of New York City OYO is to collect data on hotel occupancy and pricing to ensure transparency and compliance with regulations.
Hoteliers must report data on occupancy rates, room rates, and revenue generated from their properties.
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