Oyo

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BIRTH OF ORAVELS STAYS (OYO ROOMS) BY RITESH AGGARWAL

In 2012 Ritesh Aggarwal was traveling in the whole of India at that time he saw that he was unable to
find rooms with affordable price and good condition if the price of the room is low then the facility and
condition of the room is terrible at that time the idea of starting Oyo rooms came into his mind.

In 2012, Ritesh was Firstly Started Oravel Stays in Gurgaon that’s allows listing and booking of budget
rooms; he renamed the Oravel Stays to OYO in 2013.

OYO is associated with Some hotels to give similar guest experiences around the cities. Soon after
Starting Oravel Stays, Ritesh Agarwal received funding of $100,000 from Peter Thiel as part of the Thiel
fellowship. OYO currently has to work with 17,000+ employees worldwide, of which approximately
8000+ are Indian and South Asian. it has also established 26 training institutes for hospitality enthusiasts
all over India. OYO Rooms Case study

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