OYO has announced the elevation of Ankit Gupta to Chief Executive Officer, Franchise & Frontier – India. As a part of his expanded responsibilities, Ankit will be leading its flagship Hotels & Homes business as well as other verticals. He will continue reporting to Rohit Kapoor, CEO, OYO India & South-East Asia.
Ankit will focus on key areas of the business including revenue growth, patron trust, consumer experience and delivering on key business metrics through technology and business innovation for India.
His vast experience in the last 16 years, including as a tenured partner in McKinsey & Co, in driving revenue growth, profitability, and better consumer experience across sectors.
Rohit Kapoor, Chief Executive Officer, OYO INSEA said, “At OYO, we have always worked towards nurturing meritocracy across levels and are proud to have diversified leaders. Ankit is very committed towards building OYO for the long term, and has extremely high levels of ownership. His inspiring leadership during the pandemic has helped OYO balance several priorities towards our customers, patrons and colleagues and respond to the crisis with agility. With this change all the regional teams in India, as well as the region’s dedicated supply and revenue teams will report to Ankit. In his enhanced role, Ankit will focus on the company’s core strengths in the region and capitalize on the green shoots of recovery.”
Commenting on his elevation, Ankit Gupta, Chief Executive Officer – Franchise & Frontier, OYO India, said, “I am deeply humbled and honoured by this expanded leadership opportunity which Ritesh and Rohit have entrusted me with. My journey at OYO has been incredibly enriching and full of learnings, enabled by the distinctive talent across levels within the company. Our focus on leveraging products and technology in improving business outcomes, and our focus on core growth markets has helped us emerge even stronger from the challenges created by the COVID-19 pandemic. I have immense conviction in OYO’s mission to deliver a distinctive customer experience while ensuring that we help our patrons increase their revenues and business experience . As we move forward, I am excited to take on this larger leadership role and create a robust foundation for future growth.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.