Who owns Oyo Hotels?
The growth of OYO Hotels & Homes has been phenomenal. From starting in April 2013 to becoming the world’s third-largest and fastest-growing chain of leased and franchised hotels, homes & living spaces, OYO has come a long way Who owns Oyo Hotels? Ritesh Agarwal is the founder and CEO of OYO Hotels & Homes. Traveling…
The growth of OYO Hotels & Homes has been phenomenal. From starting in April 2013 to becoming the world’s third-largest and fastest-growing chain of leased and franchised hotels, homes & living spaces, OYO has come a long way
Who owns Oyo Hotels?
Ritesh Agarwal is the founder and CEO of OYO Hotels & Homes. Traveling across India at the age of 17, Ritesh stayed in more than 100 bed and breakfasts, guest houses, and hotels to realize there was a massive dearth of affordable and good-quality hotels in the budget hotel category.
Ritesh Agarwal was among 20 students under the age of 20 years who received the Thiel Fellowship. He received a sum of $100,000 over two years as well as guidance and resources to drop out of college and create a start-up.
Ritesh believed that everyone deserves a beautifully designed, chic, and comfortable living space. And everyone deserves a better life. That’s how OYO was launched in May 2013. OYO today is the world’s leading chain of hotels, homes, and spaces.
