OYO (also known as OYO Rooms) is a global hospitality technology company founded in 2012 by Ritesh Agarwal. Headquartered in Gurugram, Haryana, India, OYO partners with hotels, homeowners, and real estate operators to provide standardized, affordable accommodations through its digital platform. The company initially focused on budget hotel aggregation in India but rapidly expanded internationally, offering services such as franchising, branding, booking technology, and operational support to property owners.
Over time, OYO has grown into one of the world’s largest hospitality chains by footprint, operating across dozens of countries including India, the United States, Europe, and Southeast Asia. Its platform connects millions of travelers with hotels, vacation homes, and managed living spaces via mobile apps and online booking channels. Backed by major investors such as SoftBank, OYO has undergone significant restructuring in recent years to improve profitability and operational efficiency while strengthening its core markets and franchise-based hotel network.
Today, OYO positions itself as a technology-driven hospitality company focused on enabling small and independent hotel owners to compete with larger chains by providing brand recognition, pricing tools, distribution, and operational systems. The brand remains widely recognized in the budget and midscale accommodation segment and continues to expand through partnerships, franchising, and digital hospitality services.
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