OYO Hotels & Homes has appointed Ankit Gupta as chief operating officer and senior vice president for its coliving, rental homes and self-operated hotel businesses in Indian and South Asia. Gupta has been appointed as COO & SVP - Frontier Businesses, OYO India & South Asia. Frontier businesses comprise OYO's self operated hotels (OYO Townhouse, Collection O, SilverKey), student housing and co-living and OYO Home businesses, the company said in a statement.
“I am deeply energised by the fervour and dedication of thousands of OYOpreneurs that are making guest and asset owner delight possible every day, and I look forward to working with them to lead the Frontier Businesses to greater heights. OYO has built an illustrious senior leadership team, arguably the finest in the Indian startup ecosystem – it is an honour and privilege to partner with them,” said Ankit Gupta.
Ankit Gupta will be responsible for leading OYO LIFE, OYO Townhouse, Collection O, SilverKey, and OYO Home in the country, OYO said in a statement.
Ankit Gupta, an alumnus of IIT Bombay, joined OYO India & South Asia from McKinsey & Co where, as a tenured Partner, he was the global leader of their real estate transformation practice.
“Over the last six years, we have invested in building distinctive capabilities in the acquisition, renovation, and upgradation of different forms of real estate. This has helped us offer our patrons unique living experiences while creating value for our asset owners. Ankit’s addition to the team will further help us strengthen our capabilities and drive financial prudence with a clear path to profitability,” said Rohit Kapoor, CEO, Oyo India and South Asia.
“His industry knowledge coupled with financial expertise will help us drive the next phase of sustainable growth for frontier businesses while remaining true to our core mission,” he added.