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Page 2 - Oyo Ritesh Agarwal

Working towards taking Oyo Hotels global, says founder Ritesh Agarwal

Given our efficient management and economies of scale, we are generally profitable at the unit level, which is unheard of at this early stage in the business, says Ritesh Agarwal

Working towards taking Oyo Hotels global, says founder Ritesh Agarwal
Updated On : 26 Aug 2019 | 12:48 AM IST

Oyo to rebrand Las Vegas-based Hooters, bring a 35,000 square-foot casino

Hooters is an American brand of restaurant with casino floors full spectrum of gaming choices and guest rooms and suites

Oyo to rebrand Las Vegas-based Hooters, bring a 35,000 square-foot casino
Updated On : 24 Aug 2019 | 12:37 AM IST

Watch out, Starbucks: OYO is brewing plans to start premium coffee chain

OYO is changing tack and shedding its 'affordable' image for its chain of premium coffee shops so that it can take on coffee chain giant Starbucks

Watch out, Starbucks: OYO is brewing plans to start premium coffee chain
Updated On : 18 Aug 2019 | 10:28 PM IST

OYO ramps up presence in UK; expands to over 100 hotels across 25 cities

UK was OYO's first destination outside of Asia and in June 2019, the company announced its entry into the USA

OYO ramps up presence in UK; expands to over 100 hotels across 25 cities
Updated On : 07 Aug 2019 | 9:41 AM IST

Letter to BS: The speed at which Oyo Rooms is moving should draw attention

Most surprising is that Oyo claims to be one of the largest hotel chains in the world with virtually negligible physical assets creation

Letter to BS: The speed at which Oyo Rooms is moving should draw attention
Updated On : 28 Jul 2019 | 10:26 PM IST

Wrapped in mystery

The modus operandi of Oyo Founder Ritesh Agarwal raising his stake in the company and the objective behind it have left the audience perplexed

Wrapped in mystery
Updated On : 24 Jul 2019 | 11:20 PM IST

Why Ritesh Agarwal's $2-bn deal to hike his stake in Oyo to 30% is a riddle

SoftBank, OYO's largest investor, already owns 46% in the Gurugram-based company

Why Ritesh Agarwal's $2-bn deal to hike his stake in Oyo to 30% is a riddle
Updated On : 22 Jul 2019 | 2:21 AM IST

OYO's Ritesh Agarwal to buy back shares worth $2 bn from early investors

Agarwal's stake in the company will rise from the current 9-10% to around 30%

OYO's Ritesh Agarwal to buy back shares worth $2 bn from early investors
Updated On : 19 Jul 2019 | 10:18 PM IST

Ritesh Agarwal to deploy $2 billion in his hotel startup OYO to boost stake

The capital received through forthcoming primary round will help boost OYO's expansion plan in India, US, China, UK, EU, and Southeast Asia markets

Ritesh Agarwal to deploy $2 billion in his hotel startup OYO to boost stake
Updated On : 19 Jul 2019 | 7:31 PM IST

Oyo Hotels plans $300 million push in US market: CEO Ritesh Agarwal

Oyo, which opened its first US hotel at the beginning of the year, plans to invest $300 million to expand in the country, Chief Executive Officer Ritesh Agarwal said in an interview

Oyo Hotels plans $300 million push in US market: CEO Ritesh Agarwal
Updated On : 19 Jun 2019 | 9:50 PM IST

We are betting big on OYO Living in India, says CEO Ritesh Agarwal

'We are in the early stages of rolling out our first OYO Townhouses in the US', said CEO Ritesh Agarwal

We are betting big on OYO Living in India, says CEO Ritesh Agarwal
Updated On : 09 Feb 2019 | 1:32 AM IST

Ideas and idlis: Oyo's Ritesh Agarwal loves southern food, the front desk

Oyo CEO Ritesh Agarwal tells Ajay Modi how he digs south Indian food and why he still stands behind the reception desk of OYO properties to check in guests

Ideas and idlis: Oyo's Ritesh Agarwal loves southern food, the front desk
Updated On : 08 Dec 2018 | 2:38 AM IST

Strong team helping OYO operate in multiple geographies: Ritesh Agarwal

We have been able to create strong competencies in renovation, asset management, revenue management, and skilling, says OYO Rooms founder and CEO Ritesh Agarwal

Strong team helping OYO operate in multiple geographies: Ritesh Agarwal
Updated On : 12 Nov 2018 | 5:35 AM IST

OYO would see a further reduction in losses this year: Ritesh Agarwal

The founder and CEO says, 'In our kind of businesses, as they scale, revenues continue to increase but cost does not'

OYO would see a further reduction in losses this year: Ritesh Agarwal
Updated On : 05 Dec 2017 | 1:13 AM IST