People On The MoveOvolo promotes Dave Baswal to CEO as founder Girish Jhunjhnuwala focuses on global growth and development.

Ovolo makes new CEO, but keeps the old

Dave Baswal (right) takes the mantle of CEO from founder Girish Jhunjhnuwala (left).
Dave Baswal (right) takes the mantle of CEO from founder Girish Jhunjhnuwala (left).

As boutique hospitality company Ovolo Hotels prepares to expand its portfolio and break into new markets, Dave Baswal has been promoted to CEO, allowing founder and executive chairman Girish Jhunjhnuwala to focus on branding, development, and strategic growth of the business.

“I am honoured to lead this amazing group and to take Ovolo into its next phase at a time of enormous opportunity,” Baswal shares of his appointment.

Baswal boasts 20 years of experience in hospitality, finance and real estate management. He is a National Board Advisory Member of Tourism Accommodation Australia and former executive at Mantra Group. During the pandemic, Baswal played a key role Ovolo’s growth by building a team that personifies the group’s people-centric ethos.

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

With Baswal in the CEO seat, Jhunjhnuwala will now focus on finding new opportunities for Ovolo while remaining involved in all aspects of the business.

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

Ovolo currently has 13 hotels and a dozen restaurants across Hong Kong, Australia and Indonesia and is looking for expansion opportunities across Asia Pacific, Europe, and the US.

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