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The Silicon Review Asia

Creating the World's Fastest Growing Hotel Chain, Ritesh Agarwal, Founder & CEO, OYO Rooms

The Silicon Review
September, 2019

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The idea of renting rooms for a short time frame is a very unique idea. It was Ritesh Agarwal, Founder, and CEO of OYO who came up with such a brilliant plan. His company secret sauce is to design cool, in spaces whenever you need them at fantastic prices. The firm provides spaces with every modern convenience. OYO provides a cool design aesthetic with comfortable spaces. Crisp sheets, power-washed bathrooms, premium wifi – around the world with any OYO stay. It is also famous for its best-in-class efficiency with zero hassle DNA.

One can land up at its well-designed spaces or simply book it in 3 easy steps on its app for an amazing experience. It is surprisingly unordinary, where ever you go, live at a space with an amenity-laden experience for prices you wouldn’t have imagined possible before. The world is cozying up to OYO’s idea, which is the ‘Chic-design hotels for everyone’ experience.

OYO is the world’s fastest-growing company & world’s 6th largest chain of operated hotels, homes, managed living and workspaces. Its portfolio comprises more than 23,000+ hotels in 800+ cities in 18 countries around the World.

OYO News from its Official Blog

OYO India introduces its partner advisory council; holds an inaugural meeting under the aegis of open. In continuation of its commitment to support the hotel owners in succeeding and achieving high levels of customer satisfaction we recently hosted the first Partner Advisory Council meeting in Delhi under the aegis of OYO Partner Engagement Network (OPEN) – the ongoing year-long commitment of support and engagement with 10,000+ asset owners across the country. 

The firm’s Partner Advisory Council, under OPEN, is a unique opportunity for its hotel owners, OYO India SA leadership and respected third party policy and legal luminaries to represent the interests of the OYO Hotels network across the country. 

OYO Townhouse, India’s largest mid-market boutique hotel brand, strengthens presence in Gujarat; launches in Surat and Vadodara and expands presence in Ahmedabad. The company is currently happy to announce the launch of its brand Townhouse in Surat and Vadodra with expansion in Ahmedabad with 2 new OYO Townhouse hotels. Taking pride in the people-first approach each one of the employees at OYO is committed to bringing quality living spaces besides offering hassle-free stays at unmatched prices. 

Its first OYO Townhouse in Surat is a 43 room property situated at BhimradAlthan Road, Althan, Surat and the other townhouse is situated in Vadodara which is a 60 room property located opposite Circuit House, Alkapuri, Vadodara. These new OTH launches are a part of our expansion in Gujarat and with 5 OYO Townhouse hotels in Gujarat, it aims to offer travelers standardized, good quality hospitality experiences at affordable prices. Currently, OYO Townhouse is in India, UK & the US. This launch comes shortly after the announcing of its 100th OYO Townhouse in Pune, India, which is also the biggest so far with more than 130 rooms.

OYO hotels partner with Highgate opens the doors to its first 657 room’s flagship OYO hotel & casino in Las Vegas. The company is yet again thrilled to announce its partnership with Highgate to create the first OYO Hotel & Casino in Las Vegas! The firm is pumped to be in America’s original Sin City which is home to some of the most unique attractions. With plentiful entertainment, impeccable food options, luxury shopping, Las Vegas is a versatile retreat option for your next vacation and we at OYO are proud to host you when you visit next!  

Located near the corner of the famed Las Vegas Strip on Tropicana, OYO Hotel & Casino will be one of its largest OYO properties with 657 rooms across nineteen floors and a 35,000 square-foot casino. Earlier being operated as Hooters Casino Hotel, the remodeled hotel will witness an exciting transformation that is scheduled to be completed by the end of this year. The company will be bringing the dynamic OYO brand to life in the most recognizable tourist destinations of the world. The additional amenities include two signature restaurants, four bars, a fitness center, and an outdoor pool. Highgate will be taking care of managing the hotel, while Paragon Gaming will continue to operate the casino.

The Visionary  

RiteshAgarwal | Founder and CEO

Ritesh started his business career at 17, backpacking around the country, living in budget accommodations. This sparked the idea of OYO, a global-first business developed in India. Driven by fevered energy only start-ups can have, Ritesh scaled OYO from 5 cities in December 2014 to 200 cities in 2015. Ritesh was the first resident Indian to be awarded the Peter Thiel Fellowship.

“Chic spaces with every modern convenience, our secret sauce - design cool, in spaces whenever you need them, at fantastic prices – The OYO Way.”

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