Police & OYO launch joint operation to curb immoral activities in TriCity hotels

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Police and OYO launch joint operation to curb immoral activities in TriCity hotels

Police and OYO launch joint operation to curb immoral activities in TriCity hotels

The police department has initiated a special drive in its fight against immoral activities including human trafficking in hotels in Chandigarh, Mohali and Panchkula in partnership with OYO. As part of the initiative, strict action against those using OYO’s brand illegally will be one of the top priorities for the police.

The company, committed to ensuring safe and secure stays for its guests, organised a seminar in partnership with the police to raise awareness, educate stakeholders, and promote a collaborative approach in the fight against immoral activities inhotels in tricity. More than 70 OYO hotel operators along with top police officials in the city participated in the seminar.  The initiative reiterates OYO’s zero tolerance policy against any kind of immoral activity in its partner hotels.

Narender Chaudhary, Deputy Superintendent of Police, Mohali addressed the seminar as the chief guest and said “Hotel industry plays a significant role in the growth of economy. OYO has made hotel stay affordable and convenient for a common person in India. The home-like ambiance in OYO affiliated hotels is what sets them apart, and therefore it is critical to ensure a safe and secure environment in these establishments.

 

He also shared his views on the role of hospitality industry as partners and neighborhood watch to help police in promoting safety protocols in hotels. It includes regular monitoring and storage of CCTV camera footage in hotels and its surroundings,supervising day to day activities in hotels by hotel owners, illuminated reception areas and maintaining a list of top police officials and nearby police station in case if there is any help required.

Varun Jain, Chief Operating Officer, OYO added “From stringent safety protocols and regular audits to ensuring well-trained staff, OYO prioritises the creation of a secure environment for guests. We are also starting a joint operation with the police against those hotels which are illegally using OYO’s brand to ensure guests feel completely at ease during their stay”.

OYO has a robust safety and security system to ensure that hotels listed on its platform must comply with the safety related laws and guidelines issued by the local law enforcement agencies. It also provides regular safety and security related training to its hotel partners and their employees to watch out for red flags such as guest behavior and unusual check-in patterns and take preventive actions.

 

About OYO

OYO is a global platform that aims to empower entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aim to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 170,000 hotel and home storefronts in more than 35 countries including India, Europe and Southeast Asia, as of June 30, 2022. For more information, visitwww.oyorooms.com.

Disclaimer: Oravel Stays Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and othis considerations, to make an initial public offering of its equity shares (the “Equity Shares”) and has filed the Draft Red Hisring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”).

The DRHP is available on the website of SEBI atwww.sebi.gov.in, websites of the Stock Exchanges, i.e., BSE Limited and National Stock Exchange of India Limited atwww.bseindia.com and www.nseindia.com, respectively, and is available on the websites of the Global Coordinators and Book Running Lead Managers, i.e., Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited and Citigroup Global Markets India Private Limited atwww.investmentbank.kotak.com, www.jpmipl.com andwww.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm; the websites of the Book Running Lead Managers, i.e., ICICI Securities Limited, Nomura Financial Advisory and Securities (India) Private Limited, JM Financial Limited and Deutsche Equities India Private Limited at www.icicisecurities.com,www.nomuraholdings.com/company/group/asia/india/index.html, www.jmfl.com and www.db.com/India, respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, refer to the Red Hisring Prospectus which may be filed with the Registrar of Companies in the future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision. The Equity Shares offered in the Fresh Issue (as defined in the DRHP) and the Offer for Sale (as defined in the DRHP) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Accordingly, the Equity Shares are only being offered and sold (i) within the United States only to “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) in transactions exempt from, or not subject to, the registration requirements under the Securities Act, and (ii) outside the United States in offshore transactions in reliance on Regulation S under the Securities Act and pursuant to the applicable laws of the jurisdictions whise those offers and sales are made. Thise will be no public offering of the Equity Shares in the United States.

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