What is Ritesh Agarwal salary?

OYO Chief Ritesh Agarwal’s Pay Rises 250% To ₹ 5.6 Crore But the CEO’s compensation jumped to ₹ 5.6 crore in the last fiscal year , FY22, from ₹ 1.6 crore in the year before that.

What does Ritesh Agarwal father do?

Ritesh comes from a family that used to run a small shop in Southern Odisha city called Rayagada and his schooling was completed from Sacred Heart School in Rayagada.

Who is the owner of OYO?

Ritesh Agarwal is the founder and CEO of OYO Hotels & Homes.

Why do couples use OYO?

“Ma’am, you have a local id, we cannot give you a room.” OYO rooms have come to the rescue. Their app features a ‘relationship mode’ which helps users find hotels that are couple-friendly, that is, they allow unmarried couples even with local ids to check in without any hassles.

Is OYO running in loss?

Oyo has claimed its general and administrative expenses reduced 44.4% from Rs 927 crore in FY21 to Rs 515.4 crore in FY22.

What are OYO Rooms famous for?

OYO Rooms (stylised as OYO), also known as OYO Hotels & Homes, is an Indian multinational hospitality chain of leased and franchised hotels, homes and living spaces. Founded in 2012 by Ritesh Agarwal, OYO initially consisted mainly of budget hotels.