OYO appoints former McKinsey executive as COO

OYO Hotels and Homes announced that it has appointed Ankit Gupta as the COO and Senior Vice President. Gupta moves from McKinsey & Co where he was a global leader of their real estate transformation practice.

This comes as a part of the company’s efforts to continue to invest and attract world-class leadership, to drive innovation and growth in the company.

In a statement, Rohit Kapoor, CEO, OYO India and South Asia stated, “Over the last six years, we have invested in building distinctive capabilities in the acquisition, renovation, and up-gradation 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.”

Ankit completed his B.Tech and M.tech from IIT Bombay and was working at McKinsey & Co where, as a tenured partner, where he was the global leader of their real estate transformation practice with a mandate to drive P&L impact improvement (scale and profitability) for real estate clients.

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