With the Centre allowing hotels to resume operation while being subjected to the government guidelines in the country on Monday, hotel chain OYO has reopened its properties in select cities of 13 states and four union territories as of now.
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OYO Resumes Operations!
In April, the company had reportedly furloughed thousands of employees in the US and other markets on leaves and furloughs for two-three months. In a video message to employees, Agarwal had claimed around 50% to 60% decline in revenues due to Covid crisis. OYO, otherwise, has been present in 80 countries and 800 cities.
Along with many hotels, restaurants, shopping malls etc, the OYO hotel chain had also halted its operations in the 28 states and 9 union territories in the country as per
Ministry of Home Affairs’ guidelines to curb COVID-19 infection.
OYO Founder and CEO Ritesh Agarwal took to Twitter to say, “It has been a long wait, but we’re delighted to welcome our guests once again to our select hotels across India.”
The company has now restarted operations in Punjab, Uttarakhand, Haryana, UP, Rajasthan, Gujarat, Bihar, West Bengal, Karnataka, Telangana, Andhra Pradesh, Assam, Chandigarh, Puducherry, Jammu & Kashmir, Himachal Pradesh and Daman & Diu.
As the hospitality firm undertook its restructuring exercise it was hit by the Covid-19 crisis. Prior to the COVID-19 crisis it laid off 5,000 people from its China, India and the US workforce and had exited from around 200 cities in India.
OYO’s ‘Sanitised Stay’ Initiative !
In a fireside chat last week, OYO India and South Asia Chief Operating Officer (COO) Gaurav Ajmera said that the company will recover faster from the current situation than other chains. He said, “From an industry perspective, recovery will be a function of demand type and asset type. Businesses will see a U-shaped to a V-shaped recovery, whereas, leisure will see a prolonged U-shaped or swoosh-shaped recovery. This can be seen in China which as a country has shown very positive signs of recovery.”
OYO will accept customer bookings for properties that are cleared as per the company ‘Sanitised Stay’ initiative launched last month to prepare hotels for reopening.
Sanitisation of properties along with use of masks, gloves, sanitizers, practising social distancing among workers and guests, requesting guests to carry their own luggage, temperature checks of staff and guests are measures incorporated by the company under the initiative.
OYO looks to implement this across all 18,000 OYO hotels in India.