OYO Rooms, which was founded by Ritesh Agarwal in 2013, has changed the way people experience affordable travel in India. It is a new-age business that focuses on making budget-friendly accommodations available to travelers. From cozy stays to luxurious options, OYO has something for everyone, spread across over 800 cities in India and other countries like the USA and UK. OYO offers quality rooms at affordable prices, therefore making it a favourite for budget travellers. Since it has an easy to use app and website, booking rooms and managing stays becomes very smooth. It partners with small hotels and guesthouses, offering a vast network of accommodations.
OYO has faced challenges, such as legal disputes and management issues, but it continues to grow and adapt to market demands. It also launched OYO Life, targeting long-term renters such as students and professionals. OYO’s story is inspiring and proves how technology and innovative thinking can redefine industries.