We are happy to announce that we were recently announced as the big winner of the ASEAN-India Excellence and Achievement Award 2019 at the 4th ASEAN-India Business Summit and Business Excellence Award held in Manila, Philippines. The ASEAN – India Excellence and Achievement Awards acknowledges the contribution of Indian companies who have made significant contributions to strengthen bilateral trade and investment between India and ASEAN member countries and we couldn’t be happier to have the honour of winning this award!
Dr Mandar Vaidya, CEO, Southeast Asia & Middle East, OYO Hotels and Homes received the award on behalf of the company from Hon. Mr Ramon M. Lopez, Secretary, Department of Trade and Industry, Philippines. Also present at the ceremony were Honorary Mr P. Waytha Moorthy, Minister of National Unity and Social Wellbeing, Prime Minister’s Office, Malaysia, His Excellency Jaideep Majumdar and Dato’ Ramesh Kodammal, Co-chair ASEAN – India Business Council.
We have successfully revolutionized the fragmented and legacy-driven budget hospitality space by empowering small and independent asset owners with the operational capabilities and technology that enables them to compete with big hotel chains and achieve high occupancies and, therefore, yields.
We will continue to bring the successful model of combining design, hospitality, and technological expertise, financial acumen and operational capabilities to real estate owners around the world, giving them the ability to get a higher return on investments, access easy financing opportunities, transform their hotels, and offer good quality customer service, thereby significantly increasing occupancy and profitability – in every OYO building.