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Fabindia, which operates a chain of stores selling a range of artisans products, on Wednesday said former Indigo airlines president Aditya Ghosh has been appointed as a member of its board of directors. Ghosh will be guiding the management teams with strategy and new initiatives, the company said in a statement. "Fabindia believes that the post-Covid period will bring about transformational change in consumer behaviour and brands with purpose, sustainability initiatives and earth-friendly commerce will become increasingly important...As we evolve towards a new normal, we are excited to have Aditya on board helping with strategy and growth," the company said. Ghosh is a seasoned professional with over 22 years of experience and has had multiple roles including leading IndiGo and also OYO Hotels & Homes. On his joining the board of Fabindia, Ghosh said, "I am looking forward to engaging with a sense of purpose where we continue to build on the tremendous trust that the Fabindia ...
Hospitality firm OYO on Monday said it has elevated Aditya Ghosh, currently chief executive officer (India & South Asia) for the hotels and homes business, as a member of its board of directors. Rohit Kapoor, currently CEO of the new real estate businesses of the company, has been appointed as CEO (India & South Asia) for OYO Hotels & Homes, it added. Ghosh will join OYO Hotels & Homes founder & Group CEO Ritesh Agarwal, Baja Corporation founder & CEO Betsy Atkins and other industry experts like Munish Varma, Bejul Somaia and Mohit Bhatnagar, among others, on the company's board, OYO Hotels & Homes said in a statement. In his role on the board, Ghosh will focus on five key areas namely, safety and security, customer experience, corporate governance, revenue management and stakeholder communications, the statement said. "Ghosh's strong business acumen, problem-solving capabilities, passion for building an organisation with strong corporate governance and a ..
Hospitality firm OYO on Monday said it has expanded presence to over 500 cities across India with focus on tier 2 and 3 cities and smaller towns. This is in line with the company's objectives of going deeper in existing markets and metros, while forming a stronger national network through presence in smaller towns, cities and popular tourist destinations, OYO said in a statement. "At OYO Hotels and Homes, we are focused on strengthening our presence in India and South Asia, while enabling economic opportunities at every level and, not just across metros but also tier 2, 3 and 4 cities," OYO Hotels & Homes India & South Asia CEO Aditya Ghosh said. On growth opportunities in India, Ghosh said: "We are less than 5 per cent of the total unbranded hotel and guesthouse market in India and there is massive headroom for growth now and in coming years." Bengaluru, Delhi, Mumbai, Gurugram and Hyderabad lead in presence of hotels among metros, the statement said. Manali, Ujjain, ...