OYO CEO to forego 100% of his annual salary and leadership team to take voluntary salary cuts

OYO CEO to forego 100% of his annual salary and leadership team to take voluntary salary cuts

COVID-19 has impacted the global hospitality industry significantly with occupancies of various hotel chains being affected drastically. In this unprecedented and difficult period, Ritesh Agarwal, founder and group CEO of OYO Hotels & Homes, has decided to forego 100% of his salary for the rest of the year. The company’s entire executive leadership team has […]

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Source: traveldailymedia