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Ritesh Agarwal Ritesh Agarwal

OYO Welfare Fund Established

COVID-19 has impacted the global hospitality industry significantly with occupancies of various hotel chains being affected drastically. In this unprecedented and difficult period, OYO, one of the world’s leading hotel chains, too is evaluating several measures for the long-term success of the company, while remaining committed to doing all it can for the welfare of the community at large.

The company recently announced the creation of the OYO Welfare Fund, the proceeds of which will be used for the benefit and welfare of the employees at OYO properties, asset partners and their staff members in impacted situations such as the COVID-19 pandemic or the consequent restrictions all over the world. In the long run, this fund will also be used for the welfare of the community at large when faced with such tough situations.

Through this Welfare fund, OYO employees have the opportunity to contribute voluntarily to help those in need.


Commenting on the development, Ritesh Agarwal, CEO, OYO, said, “The current situation world over is deeply concerning to each and every one of us. We are grateful to the Oyopreneurs who have donated generously and continue to come forward to do so. I honestly believe that it is our responsibility to come together and give back the love and support we have always received from everyone.”