Summary:
- PRISM named Ankit Tandon COO and CEO of its European operations.
- He will oversee operations across PRISM’s international portfolio.
- He will also oversee G6, working with CEO Sonal Sinha.
Ankit Tandon is now chief operating officer of PRISM, the parent company of OYO and chief executive officer of its European operations. He will oversee the Europe and UK markets, as well as the U.S., including G6 Hospitality, the parent of Motel 6 and Studio 6.
Sonal Sinha, G6 Hospitality's CEO, will work with Tandon and Ritesh Agarwal, founder and group CEO of PRISM, the company said in a statement.
Tandon, currently CEO of OYO Vacation Homes, will oversee operations and performance across PRISM’s international portfolio, including Belvilla, DanCenter, Sunday Hotels and others. He will continue to lead PRISM’s Vacation Homes business, which recently added CheckMyGuest in France and MadeComfy in Australia.
In September, OYO’s parent company, Oravel Stays, rebranded as PRISM to reflect its international expansion and diversified portfolio.
Leadership realignment
Varun Jain, currently COO – India, is now COO – Asia, covering India, Southeast Asia and the Middle East. He will also oversee PRISM’s listings platform, Traum Ferienwohnungen in Germany. In India, the Innov8 and Weddingz businesses will fall under his purview, supported by Pankhuri Sakhuja with Innov8 and Traum and Nitin Gupta with SEAME.
Shreerang Godbole will continue as chief service officer, responsible for customer experience and operations across PRISM’s global portfolio. He will also oversee DanCenter, MadeComfy integration, and U.S. PropCo initiatives with Tandon.
Shirish Damani has been appointed COO, Europe Homes & Hotels, working with Tandon to manage supply, revenue and margin across Belvilla, DanCenter, CheckMyGuest, Studio Prestige and HelpMyGuest, while continuing to lead global M&A.
Gautam Swaroop, who led PRISM International for five years, will transition to pursue new technology ventures.
“I am grateful for Gautam’s leadership in shaping our international businesses,” said Agarwal. “I am equally excited to see Ankit, Varun, Shreerang and Shirish take on expanded roles to accelerate global growth with sharper execution and stronger customer focus.”
In August, India’s Press Trust of India reported that OYO plans to file its Draft Red Herring Prospectus in November for an IPO targeting a $7 to 8 billion valuation.
