OYO creates 100,000 employment opportunities


OYO Hotels and Homes, South Asia’s largest homes and quality spaces, has created over 100,000 direct and indirect employment opportunities in India and spurred micro, small and medium scale entrepreneurs.

This came about through its hospitality business spread across 259 plus cities, 8700 plus buildings (hotels and homes) and more than 173,000 rooms, the company said in a release issued here today. The company further announced that it aims to double the economic opportunities generated by 2020.

CEO India and South Asia Aditya Ghosh said, “We are focused on enabling economic opportunities at every level and are committed towards generating gainful employment and entrepreneurship through our growing network of OYO Hotels and Homes in India. We are excited to note that over half of the 100,000 jobs created by us were in smaller towns and cities of India. As we grow at scale, so does the possibility of an entrepreneurial ecosystem of direct and indirect employment. We therefore aim to double economic opportunities created by 2020.”

Already one of the largest purchasers of linen, toiletries and essential hotel supplies in India, OYO is also helping empower multiple ancillary industries in the hospitality ecosystem by leveraging scale to make bulk procurements that are supporting local businesses. Every month, OYO utilizes over 40 lakh toiletry kits across the 173,000 exclusive rooms which are a part of its chain while procuring 40,000 units of linen.

Separately, the over 1200 member strong transformation team of civil engineers, interior decorators, designers and fabricators employs local masons, artisans and construction workers at the city level while renovating and upgrading hotels to OYO standards, creating additional local employment opportunities for the informal sector of the economy and enabling financial inclusion through bank transfers where possible, the statement read.

Additionally, the company has set up 22 OYO Skill Institutes in India for training frontline staff in every aspect of hotel management in India. The Institutes add to skill building as well as ensure that the thousands of young people who are entering the formal workforce in the country have access to opportunities for growth in the tourism and hospitality sector.
OYO works actively with asset owners to tap into the local talent pool, ensures hotel staff is groomed and well trained, get professional growth opportunities. OYO is also working with multiple states and taking part in the state organized job fairs.