The FIFA World Cup and resilient global travel demand lifted bookings and attracted new users, pushing the company's shares more than 10% higher in extended trading.
TOURISM
OYO’s Journey: How Ritesh Agarwal Built a Billion-Dollar Hospitality Brand
The story of OYO started with a dream of Ritesh Agarwal to provide clean and affordable rooms to the traveling public. He started with very little and encountered problems such as lack of money and people who were skeptical of him. However, he stayed focused, learned from his errors, and made his idea a reality through hard work. OYO expanded from a single room to the hotels of the world under Ritesh's leadership. He saw good stays as a right for everyone, anywhere. Ritesh's journey is an example of how strong will, clear vision, and hard work can make a small idea into a big success.