Oyo CEO Ritesh Agarwal. Cracks are starting to appear in the business model of the low-cost hotel giant as it ambitiously scales worldwide. Oyo Hotels & Homes
Skift Take: It’s raining doubts on Oyo Hotels & Homes, a far cry from the awe that was poured on its founder and CEO Ritesh Agarwal when he came in six years ago brandishing the simple belief that “everyone deserves a beautiful living space.” Can Oyo fix its apparent shortfalls?