OYO Hotels UK
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OYO Hotels (oyorooms.com) is a global hospitality tech platform founded in 2012 by Ritesh Agarwal in Gurugram, India, initially launched as Oravel Stays to aggregate budget accommodations. Backed by major investors including SoftBank, the company operates an asset-light franchise and management model, partnering with independent hotel owners to standardize budget stays with unified branding, pricing algorithms, and booking software.
Operating across Asia, Europe, and the Americas, OYO manages a vast portfolio of budget hotels, vacation homes, and serviced apartments under brands like OYO Rooms, Townhouse, and Collection O. The platform serves price-conscious leisure and business travellers seeking affordable, standardised lodging with digital check-ins and app-based booking.