OYO Expands in Rajasthan with New Hotels Every 2-3 Days, Says CEO Ritesh Agarwal

Indian multinational hospitality chain, OYO is setting up a new hotel every two or three days in Rajasthan.

Speaking at the Rising Rajasthan Summit, OYO CEO Ritesh Agarwal disclosed, "We are opening a new hotel every 2-3 days. We get a lot of business from overseas. We are setting up a back office of overseas business in Rajasthan because we are getting good talents for technical, finance etc.”

The travel tech startup is also planning to open a back office in the state to look after its overseas business.

At the summit, Agarwal shared that the winter season turned out to be the best for the tourism business in the last decade.

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He added that post-COVID people have become more keen on traveling and enjoying life, so, thereafter the hotel industry witnessed 100 percent year-on-year growth.

Excited to join the Rising Rajasthan Startup Conclave 2024 in Jaipur!

Looking forward to an engaging conversation with @vijayshekhar and @ajaydata on how digital innovation is shaping the future of businesses.

Let’s explore new ideas, share insights, and discuss how startups…

— Ritesh Agarwal (@riteshagar) December 7, 2024

About OYO

Oravel Stays was launched in 2012 as a budget accommodation listing and booking website. Later it was renamed to OYO. Founded by Ritesh Agarwal, OYO is an Indian multinational hospitality chain of leased and franchised hotels, homes, and living spaces.

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