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'''Girish Jhunjhnuwala '''(born 1963) is the founder of [[Ovolo Hotels|Ovolo Group]], an independent hotel brand headquartered in [[Hong Kong]], and Chairman of Hind Group. |
'''Girish Jhunjhnuwala '''(born 1963) is the founder of [[Ovolo Hotels|Ovolo Group]], an independent hotel brand headquartered in [[Hong Kong]], and Chairman of Hind Group. Philanthropy and community service not only ground Girish but are the foundations of business philosophy – handed down to Girish from his father, and followed by all members of the Jhunjhnuwala family. Throughout the company’s history, Girish has made numerous strides to volunteer and encourage those around him to support a range of community activities to help the disadvantaged and sponsor events that are for the better of society. |
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==Biography== |
==Biography== |
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Revision as of 09:14, 14 July 2017
Girish Jhunjhnuwala | |
|---|---|
| File:GirishJhunjhnuwala.jpg | |
| Born | 1963 (age 60–61) |
| Alma mater | University of Southern California |
| Occupation | Hotelier & businessman |
| Organisation | Ovolo Hotels |
| Title | Chairman & CEO |
| Spouse | Sarika Jhunjhnuwala |
| Children | 3 |
| Website | www |
Girish Jhunjhnuwala (born 1963) is the founder of Ovolo Group, an independent hotel brand headquartered in Hong Kong, and Chairman of Hind Group. Philanthropy and community service not only ground Girish but are the foundations of business philosophy – handed down to Girish from his father, and followed by all members of the Jhunjhnuwala family. Throughout the company’s history, Girish has made numerous strides to volunteer and encourage those around him to support a range of community activities to help the disadvantaged and sponsor events that are for the better of society.
Biography
Girish Jhunjhnuwala was born in Hong Kong[1] in 1963 to Shyam Sundar Jhunjhnuwala, who had founded the Hind Corporation, a watch manufacturing business, in the city.[2] While Girish Jhunjhnuwala was at Island School in Hong Kong (1975–1982),[3] his family's Hind Group entered the hospitality industry, buying a stake in a Singaporean company called Hind Hotels International in 1977.[2] Jhunjhnuwala graduated with a Bachelor of Science in Business Administration from the Marshall School of Business at the University of Southern California in 1984.[4]
He began his career managing his family’s OEM watch business under the Hind Group in Hong Kong.[5] He set up watch factories across the Chinese border and did well until 1998, the midst of the Southeast Asian financial crisis.[6] In 2002, he sold the business and ventured into property development after acquiring an office complex in Hong Kong’s Central business district.[7] Girish decided to develop this building into the first Ovolo serviced apartment.[8] After proving the concept, Jhunjhnuwala acquired more properties and continued expanding the Ovolo Hotels brand.[9]
In 2011, Girish transitioned Ovolo’s business away from serviced apartments into hotels.[10] In fall 2012, he opened its first overseas hotel in Melbourne, Australia and has since acquired a further three properties in the country.[11]Girish now plans to expand Ovolo further in Australia in the coming years, within additional expansion to be explored in New Zealand as well as the United Kingdom.
Since at least 2011,[update] Girish and his brother Surya have run the Hind Group side by side, Girish in the Hong Kong office and Surya in Singapore.[2] Besides Ovolo, the Group owns chains of hotels and restaurants in Singapore and an Indian paint manufacturing business.
In 2016, Jhunjhnuwala won Ernst and Young's Entrepreneur of the Year Award in China in the Services Category for identifying an owner-operator model gap in the market.[12]
References
- ^ Hong Kong Means Business: Innovation Pays. Hong Kong Trade Development Council. 5 January 2017. Retrieved 2017-06-19.
- ^ a b c Hind Group: History. Retrieved 2017-06-20.
- ^ Linked In: Girish Jhunjhnuwala. Retrieved 2017-06-19.
- ^ Ovolo Hotels: Girish Jhunjhnuwala. Retrieved 2017-06-19.
- ^ Bloomberg: Girish Jhunjhnuwala: Executive Profile & Biography, accessdate: May 12, 2015
- ^ EJ Insight: HK-born Indian entrepreneur builds hotel empire with a bold bet. Jeff Pao. Hong Kong Economic Journal. Retrieved 5 June 2017.
- ^ South China Morning Post: Daredevil follows his dreams
- ^ Past Issues > February 2013 > People : Power: Gafencu Men - Past Issues > February 2013 > People : Power
- ^ NYTimes.com: Success of Serviced Apartments Continues to Increase - NYTimes.com
- ^ "HIND GROUP". www.hindgroup.com. Retrieved 2017-06-29.
- ^ "HIND GROUP". www.hindgroup.com. Retrieved 2017-06-29.
- ^ Ernst & Young: Girish Jhunjhnuwala. Retrieved 2017-06-19.