OYO Hotels has appointed Aditya Ghosh as the Chief Executive Officer (CEO), India and South Asia, effective December 1, 2018.
With an experience of over 21 years, he has been entrusted with the responsibility of overseeing and growing the hotel business in South Asia, including India, Nepal and the other upcoming markets in the region. He will be a thought partner to every OYOpreneur, by enabling a work culture that rewards performance and celebrates diversity and inclusion. Commenting on his appointment, Ritesh Agarwal, Founder and Group CEO, OYO Hotels and Homes, said, ‘’In the last five years, OYO Hotels and Homes expanded its global footprints to over 500+ cities in seven countries, from Indonesia to the UK, with China and India as home markets. Today, we host guests from around the world in over 12,000 franchised and leased hotels and over 330,000 rooms. Of this, we have over 5500 leased and franchised hotels and over 143,000 rooms in India.
This year, we also saw a 3x growth in revenue. As we grow our business, we feel it is essential to continue to invest in building one of the most influential leadership teams and bringing in professionals with an entrepreneurial mindset and from diverse backgrounds that can help lead the next wave of growth at OYO Hotels. With Aditya taking on this mantle for one of our home markets, India and the broader South Asia region, we are confident that he will be able to help OYO Hotels set new benchmarks in the hospitality industry and nurture a high-performing workforce. His business acumen, problem-solving capabilities and customer-centric approach to innovation helped him build an influential brand that is loved by all, makes him an excellent choice for OYO Hotels.”
On his appointment, Ghosh said, “OYO Hotels is one of the most exciting, innovative and mission-driven companies, run by an exceptional group of people. The brand has a strong customer connect, with almost 90 per cent organic reach and has built long-term relationships with thousands of asset partners by delivering sustained returns. I have witnessed its growth journey from being the start-up of the year to one of the best places to work for, to its recent entry into the unicorn club, and understand what it takes to achieve all this. Having built a company grounds up, and driven its growth and expansion, I know that very few organisations have managed a global reach – seven countries, 500+ cities, 12,000+ franchised and leased hotels, and 330,000 rooms in such a short span, and the brand loyalty that OYO Hotels enjoys.source tourismbreakingnews