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OYO Promotes Sharad Saxena as COO - Franchise Business

OYO Hotels & Homes has elevated Sharad Saxena to SVP & COO, India & South Asia, Franchise Business. This development is aligned with the company’s commitment to delivering an enhanced customer, partner, and employee experience as it emerges as a resurgent brand in 2021.

Sharad has been with OYO since May 2019 and consistently delivered in all his roles in the organisation.   During his last role as Chief Supply Officer for Franchise business, he has delivered exceptionally on all aspects of supply growth, network health and economics.

Under his leadership, the supply team enabled a strong partner connect via OYO Sambandh - a large scale partner outreach program, organised 60+ partner webinars, introduced OYO Secure - a prepaid wallet based system, where hotel partners deposit money in a secure wallet that gets adjusted with the net payment reconciliation system and Crystal deal - simplified contractual deals for the hotel partners.

In his new role, Sharad will continue to make further progress as SVP and Chief Operating Officer for the Franchise business. The company’s region heads will work closely with Sharad to drive positive outcomes that drive OYO’s resurgence and move forward as One OYO.  He will continue to lead the Supply function for the business. 

Sharad is an alumnus of IIT-Delhi and IIM-Ahmedabad and has worked with organizations such as ITC, McKinsey & Company, Ranbaxy and Max Healthcare India Ltd before joining OYO.

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