OYO Rooms is India's largest chain of branded standardized budget hotels, and the person who changed the concept of budget hotels by introducing the OYO rooms which are quipped with modern facilities, is Ritesh Agarwal. As the founder of OYO enterprise, he is known as the youngest CEO at the age of 17 (recognized at 16). He was born on 16 November, 1993 in a business family of Bissam Cuttack and pursued his studies from Scared Heart School in Rayagada, Orissa. He also wrote a book at a young age, which is named as 'Encyclopedia of Indian Engineering Colleges' in English. He has traveled to various parts of the country in search of his career path and stayed at plenty of hotels which helped him in identifying the issues that are commonly faced by travelers in India. He introduced Oravel Stays to resolve these problems by offering vital information to the travelers about the budgetary and luxurious rooms through this website. But, he soon realized that this was not enough to fulfill the changing demands of modern travelers.
In year 2003, he transformed Oravel Stays into OYO rooms with a sole purpose of providing standardized accommodation solutions to the people of the country. These rooms are equipped with air condition, free Wi-Fi, complementary breakfast, comfortable bed with clean linen, and washroom. If you want to go out for a getaway with family, or on a business tour, then these rooms can offer you a comfortable stay without paying a heavy amount. OYO rooms brought a revolutionary change in the hospitality industry with their standardized affordable rooms, and Ritesh Agarwal is the person, who is responsible for this dynamic change.
He became the first Asian resident to won Thiel Fellowship and also got ranked in the list of top 50 Entrepreneurs, which was powered by NEN Award. He was one of the finalists of Global Student Entrepreneurship Award India and even collected NCSE Award. In year 2013, he got ranked in the list of 8 Hottest Teenage Start Up Founders in the World, which was conducted by Business Insider. He created his own distinct identity through his outstanding work and out of the box thinking. OYO rooms began with a 11 room hotel in Gurgaon, and presently, owns 89 hotels which are spread all over the country. He is not only a talented and innovative entrepreneur, but also a motivated orator. Ritesh Agarwal was invited as a speaker on various events such as VCCircle Events , TiE Delhi, etc.
In year 2003, he transformed Oravel Stays into OYO rooms with a sole purpose of providing standardized accommodation solutions to the people of the country. These rooms are equipped with air condition, free Wi-Fi, complementary breakfast, comfortable bed with clean linen, and washroom. If you want to go out for a getaway with family, or on a business tour, then these rooms can offer you a comfortable stay without paying a heavy amount. OYO rooms brought a revolutionary change in the hospitality industry with their standardized affordable rooms, and Ritesh Agarwal is the person, who is responsible for this dynamic change.
He became the first Asian resident to won Thiel Fellowship and also got ranked in the list of top 50 Entrepreneurs, which was powered by NEN Award. He was one of the finalists of Global Student Entrepreneurship Award India and even collected NCSE Award. In year 2013, he got ranked in the list of 8 Hottest Teenage Start Up Founders in the World, which was conducted by Business Insider. He created his own distinct identity through his outstanding work and out of the box thinking. OYO rooms began with a 11 room hotel in Gurgaon, and presently, owns 89 hotels which are spread all over the country. He is not only a talented and innovative entrepreneur, but also a motivated orator. Ritesh Agarwal was invited as a speaker on various events such as VCCircle Events , TiE Delhi, etc.