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Ovolo Hotels

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Ovolo Hotels
TypePrivate
IndustryHospitality, tourism, hotel
Founded2002; 24 years ago (2002)
Headquarters
Number of locations
12
OwnerGirish Jhunjhnuwala

Ovolo Hotels (Chinese: 奧華酒店) is an independent hotel brand and serviced apartment owner-operator[1] headquartered in Hong Kong. The hotel was founded by Girish Jhunjhnuwala and is a privately family-owned business under the Hind Group.

History

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Ovolo Hotels[2] started as a serviced-apartment company in 2002. Girish Jhunjhnuwala acquired a single office complex in Hong Kong's Central Business District and developed it into an upscale serviced apartment.[3]

After the opening of its first serviced apartment in 2002, the group has expanded. It had eight properties as of 2014.[4] It now has hotels in Canberra, Melbourne and Sydney.[5][6] The Weekend Australian in 2016 reported Jhunjhnuwala's intent to aggressively pursue the Australian market after the successful acquisition and turnaround of a hotel in Woolloomooloo, a suburb of Sydney.[7] EJ Insight reported that Jhunjhnuwala's recent focus on Australian acquisitions is a result of high property prices in Hong Kong and the depreciating Australian dollar.[8]

In Hong Kong, Ovolo operates 4 hotels across Hong Kong Island, with an addition of one remaining serviced apartment.[citation needed] Since 2015, Ovolo has offered a live-in coworking space under what it calls the Mojo Nomad programme.[9] In 2018 Ovolo purchased the New Acton located Hotel Hotel in Canberra, and renamed it Ovolo Nishi as of March.[10] In 2020, Ovolo switched all of its hotels and restaurants to go vegetarian for 365 days.[11][12]

References

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  1. ↑ "Ovolo Hotels story in Hong Kong and Australia". Ovolohotels.com. Retrieved 15 January 2015.
  2. ↑ "The Ovolo way | Hongkong Business". 7 January 2017. Retrieved 17 July 2017.
  3. ↑ "How Hong Kong-based Ovolo Hotel Group grew into 13 global properties that put a twist on five-star hospitality". Tatler Asia.
  4. ↑ "Ovolo Hotels Open First Overseas Headquarters in Melbourne, Australia". Hospitality Net. 25 November 2014. Retrieved 19 May 2017.
  5. ↑ Kelly, Martin (2 February 2016). "Girish Jhunjhnuwala, Founder & CEO, Ovolo Hotels Group". Travel Trends. Retrieved 19 May 2017.
  6. ↑ "Five-star hotel reveals $3m facelift at iconic wharf". Daly Telegraph.
  7. ↑ Allen, Lisa (21 July 2016). "Ovolo Hotels plans to build on Woolloomooloo boost in Australia". Weekend Australian. News Corp. Retrieved 19 May 2017.
  8. ↑ Pao, Jeff (7 January 2016). "HK-born Indian entrepreneur builds hotel empire with a bold bet". EJ Insight. Hong Kong. Retrieved 19 May 2017.
  9. ↑ Springer, Kate (13 February 2017). "Smart hotels where work meets play". CNN. Time Warner. Retrieved 19 May 2017.
  10. ↑ Breheny, Emma (17 January 2018). "Canberra's Hotel Hotel sold to Ovolo Group". Gourmet Traveller. Retrieved 10 April 2024.
  11. ↑ Jelski, Christina (27 October 2020). "Hold the meat: Ovolo Hotels going vegetarian-only for a year". Travel Weekly. Retrieved 19 June 2021.
  12. ↑ "Year of the Veg: Hotel group goes vegetarian for 365 days". USA Today. 17 June 2021. Retrieved 19 June 2021.
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