Hospitality firm OYO Hotels and Homes has announced the appointment of Dr Mandar Vaidya as the Chief Executive Officer for Southeast Asia and the West Asia.
The appointment, effective August 1, comes as part of its ongoing focus to drive accelerated growth in two of its high potential markets – Southeast Asia and the West Asia.
“Vaidya would be responsible for driving business growth for OYO in these two regions, which include markets like UAE, the Kingdom of Saudi Arabia, Indonesia, Malaysia, the Philippines and Vietnam,” Oyo said in a statement.
Vaidya comes to Oyo from McKinsey and Co where he worked for 15 years and was a partner and led the health services practice in India, and the hospitals practice for Asia.
“We are thrilled to welcome Mandar to the OYO family as he takes charge of strengthening OYO’s presence in Southeast Asia and the West Asia,” OYO Hotels and Homes Founder & CEO Ritesh Agarwal said.
“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,” he added.