Aiming to turn India's largest hotel chain into Asia's biggest

Mr Ritesh Agarwal started out with one hotel in Gurugram near Delhi. Oyo Hotels is now in eight countries, with plans to expand into the United States and further into South-east Asia, including Singapore.
Mr Ritesh Agarwal started out with one hotel in Gurugram near Delhi. Oyo Hotels is now in eight countries, with plans to expand into the United States and further into South-east Asia, including Singapore.PHOTO: AGENCE FRANCE-PRESSE

Oyo Hotels chief eyes S'pore as base for South-east Asian growth

One of India's youngest millionaires, Mr Ritesh Agarwal, who is the founder and chief executive of Oyo Hotels, India's largest hotel chain, has set his sights wider with plans to build the world's biggest hotel chain in Asia.

Over the last 11/2 years, Mr Agarwal, 25, has expanded his business to China, Indonesia and Britain. This year, he entered the Philippines and is reported to be planning to take his brand to the United States and, further down the line, into other parts of South-east Asia, including Singapore.

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A version of this article appeared in the print edition of The Straits Times on February 13, 2019, with the headline 'Aiming to turn India's largest hotel chain into Asia's biggest'. Print Edition | Subscribe