Oyo to offer 10,000 jobs in UAE; expands international presence

India's largest hospitality company, consisting mainly of budget hotels, OYO Rooms, commonly known as OYO, will be offering 10,000 job opportunities in the UAE in the next three years. The hospitality firm aims to expand its footprint across all emirates and will also open a training facility in the country, a senior company executive told a newspaper. 

"We have five institutes in China and 20 in India. We created 100,000 jobs in India and 60,000 in China. We hope to create jobs for tens of thousands of UAE natives who can get trained at this facility; once they are trained, they can choose Oyo Hotels or any other brand of their choice," Khaleej Times quoted Ritesh Agarwal, founder and CEO, Oyo Hotels, as saying. 

"We are scouting for a location to set up a hospitality training academy in the UAE. The training will be free," Ritesh Agarwal added. 

India's largest hospitality company currently operates 1,200 rooms in the UAE and reportedly aims to have 12,000 keys added to its UAE portfolio by 2020. The company hopes the number of hotels under franchise and lease management will reach 150 across the UAE by 2020, said the report, adding that the firm operates rooms in Dubai, Sharjah and Fujairah.

The company is making effort to ensure that it can fulfill the capacity for 12,000 rooms that it intends to bring in by 2020, Agarwal told the newspaper, adding "On average, we have to create capacity of at least 500 people a month which will translate into 3,000 to 5,000 on an annualised basis."

Stating that there are so many companies who have been able to market Dubai across the world, he reportedly said that common man coming from Asia and Europe find it difficult to have good quality living spaces. "We lease the apartment and sell it through online portals and our platform at affordable rates. Nowadays, people don't want to spend money on hotels but on sight-seeing and new experiences," Agarwal reportedly said.

Citing that the hospitality sector in the Middle East, specifically the UAE, is likely to witness a spurt as over 170 countries have committed to the World Expo 2020, Agarwal further added, "we are ready to tap this opportunity. We've been at the forefront of the budget and mid segment hotel revolution in the markets we operate in." 

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Notably, the hospitality company operates townhouses in India and the UK and will add townhouses to its UAE portfolio.