What is the full form of OYO Rooms
OYO Rooms : On Your Own Rooms
A new concept of sharing rooms, OYO Rooms, has caught the attention of many people. It is a room in which you can share your personal space with other people. The idea behind it is that you can stay at home and do your work while having a close contact to the outside world. OYO Rooms are a new way to book a room for an hour. You can book the room on your own and pay for it directly through the app. This is a great way to save money and be more independent.
| Trade name | OYO Rooms OYO Hotels and Homes |
|---|---|
| Type | Private |
| Industry | Hospitality |
| Founded | 2012; 10 years ago |
| Founder | Ritesh Agarwal |
| Headquarters | Gurgaon, Haryana, India |
| Area served | Asia, Europe and Americas |
| Key people | Ritesh Agrawal (Founder and Group CEO) |
| Revenue | ₹4,157 crore (US$520 million) (2021) |
| Net income | ₹−4,102 crore (US$−510 million) (2021) |
| Total assets | ₹8,751 crore (US$1.1 billion) (2021) |
| Number of employees | 5,130 (2021) |
| Website | www.oyorooms.com |
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