OYO Hotels appoints Aditya Ghosh as the CEO

 Kathmandu, Nov17. OYO Hotels, South Asia’s most significant, one of China’s top ten, and the world’s fastest-growing chain of leased and franchised hotels, homes & living spaces, today announced the appointment of India, and South Asia* CEO, Aditya Ghosh, India and South Asia, effective December 1, 2018. This appointment comes as a part of the company’s efforts to continue to invest in and attract world-class leadership, in the wake of its focus to drive accelerated growth in its home markets – India and China.

Aditya is a proven professional with over 21 years of experience and is entrusted with the responsibility to oversee and grow OYO Hotels business in South Asia, which will include, India, Nepal, and the other upcoming markets in the region. He will focus on continuing to drive growth while delivering high-quality customer experience and sustained yields for asset owners. He will be a thought partner to every OYOpreneur, by enabling a work culture that rewards performance and celebrates diversity and inclusion, a key focus area for the company.

His appointment is critical in the company’s journey into becoming not just the largest but also the most preferred chain of hotels, homes and living spaces in India and around the world. He will be reporting to Ritesh Agarwal, Founder & Group CEO, OYO Hotels & Homes.

Commenting on the appointment, Ritesh Agarwal – Founder & Group CEO, OYO Hotels & Homes, said, ‘’In the last five years, OYO Hotels and Homes expanded its global footprints to over 500+ cities in seven countries, from Indonesia to the UK, with China and India as home markets. Today we host guests from around the world in over 12,000 franchised and leased hotels and over 330,000 rooms.

  Of this, we have over 5500 leased and franchised hotels and over 143,000 rooms in India. This year, we also saw a 3x growth in revenue. We also have a robust, resilient and diversified group of leaders, that have stood by the organization and personified distributed leadership, the key to our fast-paced growth and success. As we grow our business, we feel it is essential to continue to invest in building one of the most influential leadership teams and bringing in professionals with an entrepreneurial mindset and from diverse backgrounds, that can help lead the next wave of growth at OYO Hotels.

  With Aditya taking on this mantle for one of our home markets, India and the broader South Asia region, we are confident that he will be able to help OYO Hotels set new benchmarks in the hospitality industry, and nurture a high performing workforce. His business acumen, his problem-solving capabilities, and his customer-centric approach to innovation that helped him build an influential brand that is loved by all, makes him an excellent choice for OYO Hotels. Above all his ability to deliver growth with large-scale impact whether it is to develop an inclusive culture or in giving back to the society, makes him a great addition to the leadership team. We are pleased to welcome Aditya, and look forward to his valuable leadership.”

  Aditya joins OYO Hotels & Homes following an outstanding stint at IndiGo as the President & Wholetime Director of IndiGo, where he was instrumental in turning airline into the largest and most profitable airline in India, and also into one of the fastest growing low-cost carriers in the world.

He was also a member of the apex Executive Committee of InterGlobe Enterprises at the Group Level and sat on the Board of the hotels and technology businesses as well as the flight simulator training facilities. Under Aditya’s leadership, IndiGo launched its international operations and took to it where it contributed to about 20% of the airline’s operations. He was instrumental to IndiGo airlines pioneering the ‘before-time departure’ concept in the airline industry, which soon became the golden standard in customer experience and a benchmark hard for any other airline to meet.