Keynote: OYO Hotels & Homes - The Phocuswright Conference

What originated as a virtual online brand aggregating independent budget hotels in India has evolved into a hospitality chain that leases and franchises properties in India, China, Japan, Southeast Asia, the Middle East, Europe and - new this year - the U.S. Only six years since its founding, OYO reports growth that would make it one of the world’s biggest hospitality chains. Hear Ritesh Agarwal on how he has led this upstart unicorn, and how he plans to keep expanding its size and influence.
Ritesh Agarwal
Founder & CEO, OYO Hotels & Homes
Talkbackers:
Hichame Assi
MD APAC & Hotels, KAYAK | HotelsCombined
Maggie Rauch
Senior Director, Research and Head Analyst, Phocuswright Inc.

[@amitagarwal11011]

They also hire employee specifically saying our recon is incorrect but you need to go there and convince it's correct.

[@divineray7822]

This guy is getting unnecessary bad comments just bcz he's getting successful.

[@SatishKAG]

The questions thrown after the 21 min of this video is interesting to watch. And i can easily see how he is trying to cover-up the things on review and ratings aspect. Even the interviewer is not convinced about his thoughts.

[@nikhilb3880]

Please don't make people laugh at you. You have no idea how tough it is to start a business at 20. Now he's a billionaire you call this cover up?

[@SatishKAG]

I am glad you had your share of the laughter. So chill. Enjoy your freedom. I am unaware of your expectations from him and I doubt your experience on their business model. No hard feelings. I have many family members who consider him as role model. You should track all my comments. I have appreciated their technology but the ethics are wrong.

[@nikhilb3880]

@@SatishKAG I understand your concern, But when you're questioned about faults of your own company EVERY person tend to cover it up. Basically it's the ceo's "thing". Example: satya Nadella on windows phone failure Sundar pichai on their failure products and many others. As a ceo you NEVER say that's a failure/bad you always say that in indirect way. Politicians for example they twist their answer. Pretty common and I laughed that you find it so surprising

[@Sagadreamer-ug8pq]

Wow! What a man!!!

[@SatishKAG]

Timestamp : 25:15mins. There is ofcourse 2 sides of the story. Bring us atleast 50% genuine feedbacks to your working model. Please ignore the cheap apartment and lodge feedbacks which I am least concerned.

[@katchthesun]

Ritesh!!! 🙏🙏🙏

[@smm9356]

Love u Sir

[@SatishKAG]

Let's see how many genuine partners positive review comes in. OYO is nothing but a technology bubble and would sonner or later going to bust like anything. My findings Technogy is 5star. Managegment is 1star Ethics. None. If anybody wants to have an understanding about their working model do get in touch with me. I will Share the data science that I have treasured from my association with them during the initial years.

[@SatishKAG]

@@chandu_mr what kind of hotel you are managing Sir. Please share your property details.

[@SatishKAG]

@mahesh please share your property details. And you can also share your number if possible.

[@nikhilb3880]

There growth rate is always a steep hill. It is predicted to grow hugely in next 5-6 years. And you have some random explanation for proving they're wrong

[@sekar9901]

@@nikhilb3880#oyobikinrugi (OYO causes losses) has gone viral in Indonesia a couple months ago. www.thejakartapost.com/amp/news/2020/08/19/oyo-indonesia-in-hot-water-after-refund-and-payment-complaints-go-viral.html

[@vinoddamodaran1153]

Fate is of we work

[@gbhandari]

Grow up guys . Don't be jealous of him. He is pride of India

[@adnanalam9999]

Ground realities are quite different, check with hotel owners and consumers... Arm twisting tactics

[@SatishKAG]

Your expansion is only hyped. It's a bubble brand. The turkey goof-up balloons

[@nikhilb3880]

Dude again??

[@MANJEET19891189]

@Kenny Rabbit so what!!! who is gaining profit now??

[@SatishKAG]

Another 'bikram' on its way to foray in foreign lands. May God save the future joinees. Bikram available on netflix. 😂

[@seanjones3532]

His chain of flop houses FAILED MISERABLY

[@crickcrick1411]

Scammers

[@suniluppal1412]

Oyo fraud company hai ......

[@SatishKAG]

Your peneteration is only because of lack of technology awareness with the hotel owners. Had they been an expert in their own domain your presence wouldn't have occurred ever.

[@tubantorres3751]

Disgusting