MUMBAI: Budget hotel room aggregator OYO Rooms, which is tweaking its asset-light marketplace model to add a full-stack hotelier model, will hire 5,000 people over the next eight months, a person with knowledge of the plans said.
The Gurugram-based company will do most of this hiring through the recruitment process outsourcing route. Earlier this week, the company entered into a seven-year multi-million dollar contract with leading RPO service provider PeopleStrong.
The value of the contract is $2 million per annum, the person said, adding that it will include hiring across functions such as sales, marketing, technology and hospitality.
“We take pride in our pioneering technology-led approach and leadership in this industry, because of which we will focus on continuing to employ technology as a primary enabler,” said Dinesh R, chief human resource officer at OYO.
“However, there are key skill sets, which are important, and we will bring more talent there."
Dinesh said OYO will continue to focus on a variety of skills while recruiting professionals from relevant talent pools. He, however, did not confirm the size of the hire, saying, “We do not wish to share a number for our hiring size or forecasts”. Confirming the deal, Shelley Singh, co-founder of PeopleStrong, said, “We have signed up with OYO Rooms but beyond that we cannot divulge details”.
In May, OYO founder Ritesh Agarwal had said the company plans to add 200 ‘townhouse hotels’ across the country, including 60 hotels spread over seven cities in southern India by the end of 2017.
Townhouse being a full-stack hotelier model means large-scale hiring across functions and capabilities. OYO carries out full operations of the townhouse units along with interior and exterior construction.
In April, ET had also reported that OYO wants to diversify its business to sharpen focus on assisting leisure travellers find hotels even as it grows its bread and butter segment of aggregating accommodations in business centres across metropolises and towns in the country. OYO gets more than 70% of its business from these business centres, with the momentum remaining in the budget segment. OYO operates 7,000 hotels and 70,000 rooms in more than 200 Indian cities in the marketplace model.
The Gurugram-based company will do most of this hiring through the recruitment process outsourcing route. Earlier this week, the company entered into a seven-year multi-million dollar contract with leading RPO service provider PeopleStrong.
The value of the contract is $2 million per annum, the person said, adding that it will include hiring across functions such as sales, marketing, technology and hospitality.
“We take pride in our pioneering technology-led approach and leadership in this industry, because of which we will focus on continuing to employ technology as a primary enabler,” said Dinesh R, chief human resource officer at OYO.
“However, there are key skill sets, which are important, and we will bring more talent there."
Dinesh said OYO will continue to focus on a variety of skills while recruiting professionals from relevant talent pools. He, however, did not confirm the size of the hire, saying, “We do not wish to share a number for our hiring size or forecasts”. Confirming the deal, Shelley Singh, co-founder of PeopleStrong, said, “We have signed up with OYO Rooms but beyond that we cannot divulge details”.
In May, OYO founder Ritesh Agarwal had said the company plans to add 200 ‘townhouse hotels’ across the country, including 60 hotels spread over seven cities in southern India by the end of 2017.
Townhouse being a full-stack hotelier model means large-scale hiring across functions and capabilities. OYO carries out full operations of the townhouse units along with interior and exterior construction.
In April, ET had also reported that OYO wants to diversify its business to sharpen focus on assisting leisure travellers find hotels even as it grows its bread and butter segment of aggregating accommodations in business centres across metropolises and towns in the country. OYO gets more than 70% of its business from these business centres, with the momentum remaining in the budget segment. OYO operates 7,000 hotels and 70,000 rooms in more than 200 Indian cities in the marketplace model.
Get Unlimited Access to The Economic Times
