financetom
Business
financetom
/
Business
/
OYO appoints Raj Kamal from PayU as COO for UK and Europe business
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
OYO appoints Raj Kamal from PayU as COO for UK and Europe business
Jan 9, 2020 3:13 AM

OYO Hotels & Homes; a hotel chain, homes, and space startup; has appointed Raj Kamal as chief operating officer (COO) of the company’s vacation homes business in the UK and Europe.

Prior to joining OYO, he was global head of investments at PayU, the payments and fintech arm of Naspers Limited. The startup, founded by Ritesh Agarwal, in a statement said on Wednesday that this was as part of the company’s efforts to continue to invest in and attract world-class leadership to drive innovation and growth.

Raj Kamal will work closely with Tobias Wann, CEO, OYO Vacation Homes in the UK and Europe.

In the past two years, OYO has been on a scout for talents from across the Industry. The startup hired former Indigo CEO Aditya Ghosh in 2018.

OYO Vacation Homes is spread over 50 countries and has over 125,000 homes and villas under the management of OYO Homes, Belvilla, DanCenter, Danland, along with Germany-based Traum-Ferienwohnungen.

Maninder Gulati, chief strategy officer at OYO Hotels & Homes, said: “In a short period of time, we are making good on our promise of delivering world-class value to homeowners - guests from the world over create everlasting memories at these homes and we have delivered 25-30 percent more booking value over and above the existing value.”

In the last three months, the company said that it has hired 400 exceptional professionals to its team and widened customer reach.

First Published:Jan 9, 2020 12:13 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
How Trump's Mexico tariffs could hurt Europe's auto industry
How Trump's Mexico tariffs could hurt Europe's auto industry
Nov 26, 2024
LONDON (Reuters) -Donald Trump's pledge to slap tariffs on imports to the U.S. from Mexico could be more damaging for European car makers like Volkswagen and Stellantis and their suppliers than any direct tariffs on EU goods, according to data, analysts and experts. U.S. president-elect Trump said he would impose a 25% duty on imports from Canada and Mexico until...
Exclusive-China's Hesai to halve lidar prices next year, sees wide adoption in electric cars
Exclusive-China's Hesai to halve lidar prices next year, sees wide adoption in electric cars
Nov 26, 2024
SHANGHAI (Reuters) - China's Hesai Group, the world's largest maker of lidar sensors for autonomous driving, said it plans to slash the price of its key product by half next year which should lead to far wider adoption of the technology in electric cars. We are moving to a stage where millions of cars sold annually are equipped with lidar,...
Analysis-Black Friday: online marketing costs jump in bidding war with Temu and Shein
Analysis-Black Friday: online marketing costs jump in bidding war with Temu and Shein
Nov 26, 2024
LONDON (Reuters) - Heavy online marketing spending by Temu and Shein is making it more costly for other retailers and brands to reach shoppers on Black Friday, marketing and industry experts say, with both platforms bidding heavily on search keywords used by competitors. Typing a few words into a search engine is a key starting point for shoppers looking online...
Analysis-Euro's bruising leaves global investors on edge
Analysis-Euro's bruising leaves global investors on edge
Nov 26, 2024
LONDON (Reuters) - As the euro heads for its worst month since early 2022, analysts warn that a wild ride in the currency could be the next source of global market volatility after gyrations in Japan's yen sparked a bout of cross-asset turmoil in August. Europe's single currency has slumped by around 3.8% against the dollar in November. It is...
Copyright 2023-2026 - www.financetom.com All Rights Reserved