Story behind Success of OYO Room – Ritesh Agrawal

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Story behind Success of OYO Room – Ritesh Agrawal : We are all aware of OYO rooms which is a very successful start-up. OYO rooms is the country’s largest budget hotel chain with about 50,000 rooms in 500 hotels all over India. Oyo doesn’t own hotels, instead, it ties up with certain hotels and acquires some rooms to be given out to people who want to avail OYO services. It focuses on standardizing the hotels in the non-branded hospitality sector. Oyo rooms is a very successful venture as it has managed to solve the issue of affordability, cleanliness and availability of budget hotels across all Tier-I and Tier-II cities in the country.

Sadly, we hardly know anything about the man behind OYO rooms. Ritesh Agarwal, a successful entrepreneur is only 23 years

 

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