Dupe Olusola, Managing Director/CEO of Transcorp Hotels Plc, reflected on her tenure since assuming leadership in March 2020 amidst the unprecedented challenges posed by the global pandemic. In a recent statement shared on her LinkedIn page, Olusola recounted the remarkable journey of the hospitality giant through turbulent times, emphasizing resilience, innovation, and a steadfast commitment to excellence.
“Taking the helm at Transcorp Hotels Plc during the onset of the pandemic was undeniably daunting,” remarked Dupe Olusola. “We faced a drastic drop in occupancy rates, plunging from 70% to a mere 5%. It was a surreal scenario, akin to navigating a ghost town. However, we refused to succumb to adversity. Instead, we embraced creativity, implementing innovative strategies to ensure the continuity of our operations.”
The transformative measures undertaken by Transcorp Hotels Plc under Olusola’s leadership included the introduction of drive-through cinema experiences, the establishment of on-site COVID-19 testing facilities, expansion of takeaway services, and the promotion of domestic tourism initiatives. These initiatives not only sustained the business but also reinforced its position as a vital part of guests’ lives during a period of unprecedented uncertainty.
“The COVID-19 era underscored the importance of disruption in fostering growth and resilience,” Olusola continued. “It reshaped our perspective, highlighting the value of teamwork, collaboration, and a can-do spirit. As a result, we have achieved remarkable performances year after year, consistently breaking profit and revenue records.”
Dupe Olusola expressed gratitude for the unwavering support of Transcorp Hotels’ Board of Directors, fellow CEOs, and the exceptional team whose dedication has propelled the company’s success. Reflecting on her background in Economics and Finance, Olusola emphasized the transformative power of leadership, resilience, and a growth mindset.
“As we celebrate the achievements of the past four years, I am humbled by the opportunity to lead Transcorp Hotels’ hospitality arm,” stated Olusola. “Building upon the legacy of transformation established by my predecessors, we remain committed to delivering unparalleled services to our stakeholders.”
In closing, Dupe Olusola encouraged a spirit of resilience and perseverance, reminding individuals that success is a journey marked by challenges and triumphs. She affirmed her confidence in the Transcorp Hotels team’s ability to continue setting new records and driving growth.
“Every season has its reason, and we must embrace them all,” concluded Olusola. “I am grateful for the journey thus far and eagerly anticipate the growth that lies ahead.”
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