OYO Hotels, one of China’s top ten and the world’s fastest-growing chain of leased and franchised hotels, homes and living spaces, today announced the appointment of CEO, Aditya Ghosh for India and South Asia with effect from 1 December 2018.
Bengaluru,15th Nov, 2018. Rednewswire/-
This appointment comes as a part of the company’s efforts to continue to invest in and attract world-class leadership, in the wake of its focus to drive accelerated growth in its home markets – India and China.
In an emailed statement the company said, Aditya is a proven professional with over 21 years of experience and is entrusted with the responsibility to oversee and grow OYO Hotels business in South Asia, which will include, India, Nepal, and the other upcoming markets in the region.
He will focus on continuing to drive growth while delivering high-quality customer experience and sustained yields for asset owners. He will be a thought partner to every OYOpreneur, by enabling a work culture that rewards performance and celebrates diversity and inclusion, a key focus area for the company.
“His business acumen, his problem-solving capabilities, and his customer-centric approach to innovation that helped him build an influential brand that is loved by all, makes him an excellent choice for Oyo Hotels. Above all his ability to deliver growth with large-scale impact whether it is to develop an inclusive culture or in giving back to the society, makes him a great addition to the leadership team,” said Ritesh Agarwal, founder & Group CEO, OYO Hotels.
Commenting on the appointment, Ritesh Agarwal – Founder & Group CEO, 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. We also have a robust, resilient and diversified group of leaders, that have stood by the organization and personified distributed leadership, the key to our fast-paced growth and success.
Aditya Ghosh, newly appointed Chief Executive Officer, OYO Hotels & Homes, South Asia, 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% 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 startup of the year to one of best places to work for, to its recent entry into the unicorn club, and understand what it takes to achieve all this.
It is amazing to see seasoned talent with a high-pedigree and professional achievements, as well as young achievers, choose OYO as the place where they want to create impact and satiate their hunger for entrepreneurship. I’m thrilled to join OYO’s mission of creating quality living spaces, and partner with Ritesh in shaping the company’s future in South Asia – a critical growth market for the company.”