OYO, also known as OYO Rooms, is an Indian hospitality company that operates a network of hotels, vacation homes, and living spaces. Founded in 2013 by Ritesh Agarwal, OYO has grown rapidly to become one of the largest hospitality chains in the world.
OYO follows an asset-light business model, wherein it partners with independent hotels, guesthouses, and homeowners to offer standardized and affordable accommodations to travelers. The company provides a range of services to its partner properties, including technology integration, marketing support, operational assistance, and access to a centralized booking platform. This helps the partner properties improve their visibility, customer experience, and revenue.
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