OYO launches ‘Samarthan by OYO’ for Partners
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OYO has announced ‘Samarthan by OYO’, which includes several welfare benefits for the families of hotel partners and homeowners, deceased due to COVID-19 as part of its bereavement support in the country.
OYO will support the deceased partner’s family by transferring three months of commission of take-rate to the property’s OYO Secure Wallet - a digital wallet for hotel and homeowners to give them real-time visibility of their earnings. Additionally, the company has waived off any pending dues against the property. Oyo will fund the education of the partner’s children (up to two) for five years. The company will extend medical coverage of up to INR 5 Lakhs for the spouse and children (up to one) for a period of three years.
Commenting on these developments, Rohit Kapoor, Chief Executive Officer, OYO India & South-East Asia (OYO INSEA) said, “We acknowledge the contribution of OYO’s independent, small hotel and home-owners. Hundreds of OYO’s partners came forward selflessly to support the country with quarantine, self-isolation, and accommodation requirements. Some of these hotel partners even lost their lives while serving society and their customers. This is our small contribution to acknowledge their efforts. We also took up vaccination as our #1 people priority as soon as it was opened up for the 18+ age group, resulting in more than 2500+ hotels now declaring their staff as fully vaccinated with the ‘VaccinAid’ tag. Together with our partners, we stand stronger and continue to make a difference as the country unlocks in phases and the economy revives.”
The company recently rolled out similar welfare benefits for the families of its employees - OYOpreneurs, deceased due to COVID-19 as a part of its bereavement support.