OYO a rapidly growing Indian hospitality company, has entered the U.S. market by opening an office in Dallas and testing a property in Austin, Texas.
Ritesh Agarwal the 25-year-old young founder and CEO of Oyo, He founded OYO in Gurgaon, India-based startup, whose official name is Oravel Stays, six years ago. It has a minority of its business in hospitality services, co-living and co-working. Townhouse brand is best upscale than anyother. Oyo has claimed best gains in India and other global markets, including China, Malaysia, Nepal and indonesia.
It remains an open question whether the startup, which said it had raised $1.5 billion in venture financing, can bring its flagship service, franchised budget hotels, to the developed market of the U.S.
According to Tuesdays news, it said it had seen its “global stayed room nights” rise from 6 million in 2016 to 75 million. Several Job roles have also be listed on job portals in Dallas for Human resource Director, Talent Acquisition Director, and other managers, sales people. On Tuesday, it shows that Oyo is testing a property in Texas and would like to expand accordingly.
Source: skift, cnn.
