DSC-RX100M3
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OYO just keeps growing, with an update from his presentation at PICC last year. Ritesh Agrawal started it when he was 19. He is now 25 and runs the 2nd largest hotel chain in the world. They change hotel room prices 110 million times per day!

1500 software people. “We run tests on redesign. For exampe, if we have Marilyn Monroe pictures, customers will pay $11 more because they think it is a boutique hotel.”

“We track your temperature preference and what and when you typically order from room service. So the front desk does not have to be intelligent,. Our software is.”

They are in the process of converting the Vegas Hooters into an OYO

One response to “OYO, owo Ritesh Agrawal”

  1. Something seemed odd about their hyper-growth rate… In today’s WSJ, the secret to their growth: “offering independent hotel owners the unusual perk of guaranteed revenues if their hotels joined Oyo’s chain. Many hotels signed up, attracted by the guarantees—sometimes at more than 100% of the previous year’s revenue” … wow, classic Masa!

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