In all, the company plans to invest about $20 million in renovations to the Hooters Hotel. The company, run by 25-year-old CEO and founder Ritesh Agarwal, began operations in 2013 and claims to be the fastest-growing chain of affiliated hotels, homes, managed living and workspaces in the world, with 23,000 hotels and 125,000 vacation homes spread across 80 countries. ( OYO)Īt the end of August, India-based company OYO Hotels & Homes bought the Hooters Hotel near the Las Vegas Strip.