OYO rooms started its journey in 2013, an Indian based company by Mr. Ritesh Agarwal. Mr. Agarwal started this journey by finding out that there was no online system through which people could book and pay for the hotel via online. currently, OYO has 7000 hotels in 200 cities. OYO first international franchise was in Malaysia i 2016 which has been succeeded. Hence, OYO second international franchise country is Nepal because according to the OYO, every year 700,000 tourists visits Nepal of which 60% are an Indian origin.
According to the Department of Immigration of Nepal, 174,803 tourists visited Nepal in 2016 of which the highest number of travelers were reported from India. According to the founder and CEO Ritesh Agarwal, now the fun and exciting part is that OYO rooms will be running in the Himalayan nation and promises to provide easy, convenient and reliable services to its users.