Hospitality and cooperation in the context of covid-19: OYO Group case

Updated: Apr 9




The OYO Hotels & Homes Group, a partner of the India Brazil Chamber of Commerce, is a

n Indian startup that has become one of the main hotel chains nowadays, with record growth in the hospitality sector worldwide. OYO, whether globally or locally, is committed to assisting the community wherever the company operates in the fight against COVID-19. It is possible to mention the “Open Rooms Program” as an initiative, which consists of providing free accommodation to health professionals, who are on the front lines in the fight against coronavirus, in the cities of São Paulo, Rio de Janeiro, Niterói and Belo Horizonte from April 6th. The accommodations are strategically located close to public and private hospitals, providing a resting place close to work if these professionals are facing difficulties to return home. In addition, the CEO and founder of the OYO Group, Mr. Ritesh Agarwal, announced the resignation of 100% of his annual salary, together with voluntary salary cuts from the executive team from 25%, to allow the company's good performance at this time uncertainties in global economic dynamics, minimizing the negative impacts of the current situation. Thus, the executive states that “OYO is doing everything to support the world, with its limited resources in this pandemic, from the creation of isolation centers to safe places for first responders” and adds “we will try to do everything we can to helping people, in addition to ensuring the company's long-term success and our ability to continue fulfilling our mission of offering the best spaces for everyone, at affordable prices, globally. " OYO is committed to adopting measures that can be useful to society at this delicate moment. The Director General of OYO in Brazil, Mr. Henrique Weaver, declared that “the team spirit and solidarity that we are able to promote is unique and serves as an incentive for us to remain firm and persevering in the fight against COVID-19”. The India Brazil Chamber of Commerce is happy to publicize social initiatives such as that of OYO in Brazil, so that there is an incentive to continuous efforts for cooperation in favor of human health and well-being. Thus, in addition to representing an important partner in the relationship between India and Brazil, OYO also demonstrates an example of civility and solidarity, with the best it offers: hospitality. Get to know more OYO initiatives and information through the website: <https://www.oyorooms.com/br/>

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