OYO Success Story: Building a Unicorn Startup from Oravel Stays to OYO Rooms

Ritesh Agarwal , the Indian entrepreneur and founder of OYO , has become a household name in the hospitality industry. At the young age of 25, Ritesh has achieved what many only dream of – being a billionaire and the CEO of one of the world’s most affordable hotel chains. OYO, which stands for ‘On Your Own,’ is a network of franchised hotels, rooms, and living spaces that aims to provide quality and affordable accommodations to travelers across the globe.

Table of Contents

• The Journey Begins: A Teenage Entrepreneur
• The Birth of OYO: A New Approach to Affordable Hospitality
• OYO’s Business Model: A Win-Win Solution for Guests and Hoteliers
• Global Expansion: Bringing Affordable Hospitality to the World
• The OYO Advantage
• The Power of Learning and Adaptation From OYO
• The Importance of Hard Work and Patience from Ritesh Agarwal
• Lessons from the OYO?Success Story: Embracing Entrepreneurial Spirit

The Journey Begins: A Teenage Entrepreneur

Ritesh’s journey began when he was just 17 years old. A frequent traveler, he realized the scarcity of quality hotels in the budget range, which led him to read more....