Articles tagged “ritesh agarwal”

Oyo Founder Describes U.S. Owner Concerns as ‘Teething Issues’

Oyo Founder Describes U.S. Owner Concerns as ‘Teething Issues’

Raini Hamdi, Skift

A deeper engagement with owners is definitely one of the key things Oyo needs to achieve to address some of its problems. CEO Ritesh Agarwal, who recently took a larger stake in the company, seems to be on the case.

2 weeks ago

Why Oyo and Ctrip Need Each Other: Bigger Reach in Asia

Why Oyo and Ctrip Need Each Other: Bigger Reach in Asia

Raini Hamdi, Skift

Oyo has more rooms in China than in India, but India is still its biggest revenue generator. A deal with Ctrip may help correct that imbalance.

6 months ago

What Oyo’s Latest Results Say About the Business of Budget Hotels

What Oyo’s Latest Results Say About the Business of Budget Hotels

Raini Hamdi, Skift

The business of budget hotels is obviously hard when you consider Oyo’s latest financial report. But the startup, now five years in operation and bankrolled by SoftBank, appears to have the stamina to reach the breakeven point in the next few years.

9 months ago