Ovolo Hotels CEO, Dave Baswal, is stepping down

Girish Jhunjhnuwala, Founder and Exec Chairman of Ovolo to return to CEO role

Girish Jhunjhnuwala and Dave Baswal.

Boutique designer hotel collection, Ovolo Hotels, has confirmed Dave Baswal, Chief Executive Officer, will be stepping down from the position at the end of September.

Baswal has served the company since 2016, initially as Director of Finance & Operations AU, progressing through roles including COO & CFO, Managing Director, and ultimately assuming the CEO position in 2022.

During his tenure, Baswal played a pivotal role in steering Ovolo through unprecedented challenges faced by the global hospitality industry. Ovolo said his leadership was instrumental in guiding the company with resilience and adaptability, ensuring continued growth and success amidst a volatile landscape.

Dave Bawal, CEO, Ovolo Hotels Group

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“I am immensely grateful for the opportunity to have led and grow Ovolo during a transformative period in its history,” Baswal said.

“I leave with deep admiration for the dedication and creative passion of our team members, whose commitment has been pivotal in achieving our collective successes, to connect with our guest emotionally and truly do things differently.”

Girish Jhunjhnuwala, Founder and Executive Chairman of Ovolo Group, said “We extend our deepest gratitude to Dave for his significant contributions and unwavering dedication to Ovolo. Under his leadership, Ovolo has maintained its position as a leader and disrupter in the hospitality sector, and we wish him the very best in his future endeavours.”

Following Baswal’s departure, Jhunjhnuwala will resume the role of CEO in addition to his responsibilities as Executive Chairman. With an incredibly strong leadership team place across all regions Ovolo operates in, these roles will continue to report directly to CEO with Wayne Taranto, Lucas Chanter and Joel Bartlet continuing to lead operations in their respective regions of Australia, Hong Kong and Bali.

Ovolo Woolloomooloo

“As we navigate this leadership transition, Ovolo remains steadfast in our commitment to delivering exceptional hospitality experiences and driving innovation across our properties,” Jhunjhnuwala added. “We are particularly focused on expanding our presence in Southeast Asia imminently, a strategic growth area for Ovolo, where we see tremendous opportunity to elevate our brand and redefine the guest experience.

“We will miss Dave’s skilful use of metaphors and analogies. We wish him the very best in his future endeavours and hope that this new chapter in his life brings him nothing but happiness and fulfilment,” Jhunjhnuwala concluded.

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