Police Complaints By HoteliersIn September 2019, OYO founder and CEO Ritesh Agarwal along with two company representatives—Anand Reddy and Prathik Singh— were booked by the Bengaluru police.

However, OYO refuted the claims and said “OYO Hotels & Homes has always maintained the highest level of integrity, transparency and commitment to its asset owners.

In June 2019, OYO Hotels and Homes announced its expansion in the US with over 50 OYO hotels in 35 cities across 10 states.

However, the success was short-lived as in October, reports surfaced that several US OYO hotel partners raised issues ranging from poor software, loss of revenue as well as criminal activities within rooms that are managed by OYO.

Multiple experts have argued that OYO’s business model resembles WeWork’s as a tech-inflected real estate business that has expanded far beyond its initial concept. | To read full story, visit https://startuparound.com/read/1575180006.2394762/From-India-Protests-To-Questions-About-Model:-Everything-That’s-Ailing-OYO?ref=audio_experience