Ritesh Agarwal has come a long way making OYO Rooms a $5 billion private enterprise. He confirms they have over 500,000 rooms in China and more than 270,000 rooms in India. In addition to these two markets, the US is their third home market and it is the fastest scale-up for us in any market globally, with over 100 hotels in a short span of time. They have over 21,000 keys in Indonesia.
Technology has always been a key differentiator for OYO. As an intersection of real estate, hospitality and technology, OYO has over 20 technological products that power various business verticals. At present, OYO offers multiple app-based solutions both for its customers, employees and asset partners including our Property Manager app for managing all daily functions of the property and Owner App for asset owners to have complete visibility of his business. Then there is OYO AGMs (key contacts for guests and hoteliers in a certain geographical area) that use Krypton for auditing OYO hotels.
As he was asked about his marriage plans he says his mom is surely worried that the fact that he doesn't have a college degree and that will impact his chances of finding a bride.
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