IPO listing still a distant dream for Ritesh Agarwal's OYO Hotels

The company wants to first ensure that OYO has adequate brand recall and the company is able to make a dent in the hospitality sector in the country before it even thinks of listing in US

It is still a long way to an IPO for OYO Hotels & Homes, the young hotel startup, which also happens to be one of the world’s fastest-growing hospitality companies. While speculation is rife that the Ritesh Agarwal-led company is heading for a NASDAQ listing, sources in the know said that the company is still thoroughly evaluating the US market and everything would depend on how its business does in the country.

The company wants to first ensure that OYO has adequate brand recall and the company is able to make a dent in the hospitality sector in the country