OYO ropes in Mandar Vaidya as CEO for Southeast Asia & Middle-East

OYO Hotels and Homes has roped in Mandar Vaidya as the Chief Executive Officer for Southeast Asia and the Middle East, effective August 1, 2019.

This appointment is in line with the company’s ongoing focus to drive accelerated growth in two of its high potential markets, Southeast Asia and the Middle East.

With more than 15 years of experience, Vaidya will be responsible for driving business growth for OYO in these two regions, which include markets such as Indonesia, Malaysia, the Philippines, Vietnam, UAE, and the Kingdom of Saudi Arabia.

Ritesh Agarwal, Founder and CEO, OYO Hotels and Homes, said, “The two markets are crucial to our international expansion strategy and in a brief period of time, we are delivering high-quality accommodation experience to guests in Indonesia, Malaysia, the Philippines, Vietnam, UAE and the Kingdom of Saudi Arabia. Under Mandar’s leadership, we look forward to establishing a strong relationship with asset owners in these regions while staying true to our mission of delivering a chic hospitality experience at hard-to-ignore prices.”

Mandar Vaidya, newly appointed Chief Executive Officer, OYO Hotels & Homes, Southeast Asia and the Middle East, added, “Today, OYO Hotels and Homes is synonymous with quality stays, innovation and is driven by passionate individuals who are working towards a mission. In a short span of six years, OYO has established itself as the world’s fastest-growing chain of hotels, homes and living spaces while being the preferred choice of millions of customers and asset owners.”