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OYO appoints Amazon’s executive Anil Goel as CTO


OYO appoints Amazon India’s reverse logisctics Anil Goel as its new chief technology officer

New Delhi-Nov 7, 2016. Rednewswire/-

Anil Goel who earlier worked at Amazon India is now appointed as the Chief technology officer by OYO, a popular hotel-booking startup in India. Goel has a 20 year experience in tech and infrastructure sector. He served as the head of reverse logistics at Amazon India and has also worked with Hike Messenger as chief technology officer.

According to Ritesh Aggarwal, founder and CEO of OYO, Goel’s immense knowledge and rich experience will help the business to boost their technology drive which will further help the company to expand. Goel will be responsible developing tech strategies for the company and will also lead OYO’s  research and development team.

“The complexities in delivering end-to-end stay solutions for guests and innovative and intuitive partner-management-systems along with the strong reliance on Tech to drive business, makes this a great opportunity to contribute to OYO’s future growth and evolution. I look forward to working with OYO’s vibrant and talented teams,” says Anil Goel.

The company is fast pulling up its socks to maintain a strong grip on the hotel market in India after the country saw an acquisition of MakeMyTrip and Ibibo Group, two major players in the travel and hotel sector. OYO partners with many small and medium hotels, acquiring a portion of their inventory and selling rooms under its brand name. The company mostly works on two models: commission model wherein the company offers a part of the room tariff and minimum guarantee model where it pays the hotel in advance for the rooms.

The company claims to have 7000 hotels in 200 cities across India. OYO recently diverged from the previous model and now owns about 60 hotels itself. This is facilitated thorugh the “flagship” model which allows the company to own properties for a specific duration by buying the lease.

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This story was originally published here.