OYO's growth 'incredibly strong', can't give timeline for IPO: Troy Alstead

Profitability 'starting point' ensure growth, says independent director of hospitality major

Hospitality major OYO is focused on profits after its fourth quarter report for Financial Year 2023 (FY23) said it had become cash flow positive for the first time. TROY ALSTEAD, who is visiting India as an independent director on OYO’s board, spoke with Aryaman Gupta and Shivani Shinde in a video interview about OYO’s plan for an initial public offering (IPO) and how it is creating the next rung of leadership. The opportunity for OYO globally is significant, said Alstead, a former chief operating officer of Starbucks. Edited experts from the interview.

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