Ovolo Promotes Dave Baswal to CEO as Founder Girish Jhunjhnuwala Focuses on Global Growth

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Ovolo Hotels founder and executive chairman Girish Jhunjhnuwala is stepping down as chief executive to focus more on branding, development and strategic growth of the business, the hotel company announced Thursday morning. -shops.

Ovolo ANZ Managing Director Dave Baswal has been promoted to lead the company as CEO.

Baswal has 20 years of experience in hospitality, finance and property management, and has been instrumental in growing the business during the pandemic.

“Dave Baswal personifies the best of Ovolo – someone with a passion for constantly improving the customer experience; creativity to innovate new services; and business acumen to deliver strong performance,” said Jhunjhnuwala.

“Most importantly, he shares the same people-centric philosophy that is at the very heart of Ovolo, bringing happiness to our customers, our teams and our stakeholders.”

Baswal is an advisory member of the National Board of Tourism Accommodation Australia and a former executive of Mantra Group. He holds a master’s degree in professional accounting, a master’s degree in international tourism and a bachelor’s degree in hotel management.

He said he was honored to have been tasked with taking over as CEO.

“Girish has been such an inspiration to me, and all of our team members and he remains the heart and soul of Ovolo,” Baswal said.

“He has created a brand that resonates deeply with today’s travelers and inspires our team to deliver exceptional service every day.”

“The perfect time to evolve”

Jhunjhnuwala said he was excited to explore opportunities to bring the Ovolo experience to more travelers around the world.

“I started my real estate journey 20 years ago and launched Ovolo Hotels in 2010, and now is the perfect time to evolve the group under reinvigorated leadership,” he said. .

“Dave has confidence in myself and our stakeholders, and his promotion will create new opportunities for the rest of our team. I am excited about what the future holds.

Ovolo currently has 13 hotels and a dozen restaurants in Hong Kong, Australia and Indonesia. Baswal takes over as the company continues its recovery and explores expansion opportunities in Asia-Pacific, Europe and the United States.

“I am honored to lead this incredible group and bring Ovolo into its next phase at a time of tremendous opportunity,” Baswal said.

Jhunjhnuwala will remain “intrinsically involved in all aspects of the business”, the company said.

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