Aditya Ghosh, former President and wholetime Director at IndiGo, has been appointed as the new Chief Executive Officer (CEO) of the India-based hospitality startup, OYO. Ghosh will lead the operations in India and South Asia and report to the founder and group CEO, Ritesh Agarwal.
The company that owns OYO Rooms, Oravel Stays Pvt. Ltd., appointed Ghosh on Thursday. Ghosh will begin his stint in the company on December 1. Ghosh is one of the most sought-after business executives in India. He has studied corporate law and has been a key person in building the brand that IndiGo is today. He pioneered the idea of ‘before-time departure’ in the airline industry which has now become a standard in the airline industry.
Ghosh had resigned from InterGlobe Aviation Ltd., i.e. the company that owns the popular airline, in July this year. He had shortly worked as an advisor to Tata Trusts later.
The appointment of Ghosh came in at a time when OYO had prepared to focus on accelerated growth for the company in the near future. Over the past 5 years, since its inception, the company has been gradually including top executives in its leadership team. Ghosh is believed to have excellent problem-solving skills and is said to use a customer-centric approach to innovate and is hence highly suitable to the position offered.
With 21 years of experience, Ghosh will deal with the operations of the company that is currently set up in seven different countries. His focus, however, will be on India and China.
Currently, OYO is operating in 7 countries and 500 different cities across the globe. The company recently expanded its business to Japan and UAE and has entered new segments such as long-term rental accommodation and student housing.