Oyo Rooms
OYO Rooms (stylised as OYO), also known as OYO Hotels & Homes, is an Indian multinational hospitality chain of leased and franchised hotels, homes, and living spaces. Founded in 2012 by Ritesh Agarwal, OYO initially consisted mainly of budget hotels. As of January 2020, it has more than 43,000 properties and 1 million rooms across 800 cities in 80 countries.
| OYO Rooms OYO Hotels and Homes | |
| Company type | Private |
| Industry | Hospitality |
| Founded | 2012 |
| Founder | Ritesh Agarwal |
| Headquarters | Gurgaon, Haryana, India |
Area served | Asia, Europe and Americas |
Key people | Ritesh Agrawal (Founder and Group CEO) |
| Revenue | ₹5,464 crore (US$680 million) (FY23) |
| ₹−1,287 crore (US$−160 million) (FY23) | |
| Total assets | ₹8,751 crore (US$1.1 billion) (2021) |
Number of employees | 1,330 (2023) |
| Website | oyorooms.com |
| Part of a series on |
| Homestays |
|---|
| Hospitality exchange services |
| Hospitality for work |
| Hospitality for money |
| Home exchange and others |
The company's current and former investors include SoftBank Group, Didi Chuxing, Greenoaks Capital, Sequoia India, Lightspeed India, Hero Enterprise, Airbnb and China Lodging Group.
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