Ankit Gupta named as the COO by Oyo to lead its Frontier businesses

Oyo Hotels & Homes has announced the appointment of Ankit Gupta as chief operating officer and SVP, frontier businesses, Oyo India & South Asia. This appointment comes as a part of the company’s efforts to continue to invest in and attract world-class leadership, to drive innovation and growth in the company.

Frontier businesses will comprise Oyo’s self operated hotels (Oyo Townhouse, Collection O, SilverKey), student housing and co-living and Oyo Home businesses.

Rohit Kapoor, CEO, OYO India & South Asia, said, “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 such as Oyo LIFE, Oyo Home and Oyo Townhouse, Collection O, SilverKey hotel businesses while creating value for our asset owners. Today I am delighted to welcome an industry stalwart in Ankit Gupta to lead Frontier Businesses at Oyo, that will further help us strengthen our capabilities and drive financial prudence with a clear path to profitability. 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. His appointment marks the beginning of an exciting new chapter in Oyo India & South Asia’s journey.”

Gupta will be responsible for leading Oyo LIFE, Oyo Townhouse, Collection O, SilverKey and OYO Home in the country. He will be reporting to Rohit Kapoor, CEO, Oyo Hotels & Homes, India & South Asia.

"The Frontier Businesses that include OYO LIFE, OYO Home and OYO Townhouse, Collection O, Silverkey hotel brands represent an opportunity to serve millions of people who are looking for standardised and quality living experiences whether for short or long term stays. I am deeply energized by the fervour and dedication of thousands of OYOpreneurs that are making guest and asset owner delight possible everyday, 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 start-up ecosystem – it is an honour and privilege to partner with them," Gupta said.

Gupta joins Oyo from McKinsey & Co where, as a tenured Partner, he was the global leader of their real estate transformation practice with a mandate to drive P&L impact improvement (scale & profitability) for real estate clients. During his 14-year-long tenure with McKinsey & Co, he served clients across India, Middle East, Southeast Asia and the US. In India, he was also jointly responsible for the marketing and sales practice and served multiple clients on growth above market average, margin enhancement and customer experience. He also led Business Analyst recruitment and experience management for the India office.