Travel in India recovering very well, says OYO CEO Ritesh Agarwal

"The delta wave was quite harsh on the travel and hospitality business, there are no doubts," Agarwal said of the industry's resurgence. But it benefitted the travel and hospitality sector in some ways, in his opinion, since they were able to revamp their cost structures and employ technology in ways we had never done before, which is now assisting us in preparing for future development. Businesses are clearly retaliating with strength."