Opens first OYO with our patron Rajesh Yadav at C68 South City 1, Gurugram, India
Receives Series-A funding
Launched the OYO App
Expanded to 100 cities and crossed 10,000 rooms
Expanded to Malaysia, first region outside India
Introduced dynamic pricing to capitalize seasonality, demand surges and special events.
Hit the one million checkin mark for the first time
Launched OYO Townhouse, a mid-market brand at handpicked locations for discerning travellers
Expanded outside of Asia - UK
Expanded to China and Indonesia
Launched OYO OS for property managers to ensure hassle-free operations
Launched long stay rental service under “OYO Life”
Launched customer loyalty program “OYO Wizard”
Launched in US, Europe and Middle East
Launched OYO Lite, a lighter version of our consumer app and Yo! Chat, automated customer service
Introduced OYO Workspaces - a well designed flexible friendly co-working space
Acquired @Leisure group to enter vacation homes business across 40 countries
OYO has crossed the 50 million app downloads mark globally
OYO launched Sanitised stays- a safety protocol for all its hotels and homes
Launched Discover OYO, a low cost new user acquisition engine
OYO app crossed 100 million download mark
Launched OTA powerplay, a subscription product patrons can opt-in to boost storefronts’ rankings on popular OTA channels
Launched VaccinAid, a feature that shows vaccination status of the hotels’ staff on the OYO app
Launched OYO360, a self onboarding platform for our patrons
OYO Hotels & Homes was founded by Ritesh Agarwal, the first resident Asian to be accepted to the Thiel Fellowship (started by Paypal founder Peter Thiel). Travelling 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 unbranded budget hotel category.
Aditya Ghosh is a seasoned business leader with over 22 years of experience. Aditya is currently a member of the Board of Directors at OYO. Most recently, he was the CEO at OYO Hotels & Homes- India & South Asia.
Bejul Somaia is a Partner at Lightspeed India Partners LLP, which advises Lightspeed Venture Partners, a global venture firm with more than USD 7 billion under management.
Dr. Deepa Malik, Padma Shri, Khel Ratna & Arjuna Awardee, is India’s first paraplegic woman biker, swimmer, rallyist & India’s first ever female Paralympic medalist. She has continually risen above all odds, while also enabling people with disabilities through her foundation Wheeling Happiness. She also serves as the President of the Paralympic Committee of India and has led the most successful Paralympic Team in Indian history at Tokyo 2020.
Troy worked with the Starbucks Corporation for 24 years having most recently served as Chief Operating Officer. He is also on the Board of Topgolf Group Ltd, Harley-Davidson Inc, and Levi Strauss & Co.
Dr. W. Steve Albrecht: Steve is the former president of the American Accounting Association and Association of Certified Fraud Examiners and has served on boards of 10 corporates