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FRANCHISE ARRANGEMENTS IN HOSPITALITY
Jyothy Labs to expand Exo into broader dishwash franchise after Henkel brands exit portfolioJyothy Labs is strategically expanding its Exo dishwash brand into a comprehensive franchise following Henkel's exit from Pril and Fa licen...- Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
- PE investor BC Investments sells Rs 612 crore stake in Emcure Pharma; Kotak MF picks up stakePrivate equity firm BC Investments IV sold a Rs 612 crore stake in Emcure Pharmaceuticals to Kotak Mahindra Mutual Fund at Rs 1,700 per sha...
- Punjab civic polls: Cong candidate injured in Raikot attack; 31.6% voter turnout recorded till noonPolling is underway for 103 municipal bodies in Punjab. A Congress candidate in Raikot sustained injuries in an alleged attack. Polling rec...
- West Bengal polls Phase 2: Mamata Banerjee vs Suvendu Adhikari in high-stakes Kolkata battleIn a crucial day for democracy, West Bengal is heading to the polls for the last round of assembly elections. Leading figures such as Mamat...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%If you are putting fresh money into the market, it might be a good idea to stay with companies that don't have much to do with global suppl...
- India hospitality sector revenue to grow 9-12% in 2025-26: Icra ReportThe hospitality sector in India is gearing up for a robust surge in revenue, estimated at 9-12% growth by 2025-26. This optimistic forecast...
- ITC Hotels plans to expand portfolio to over 220 units by 2030ITC Hotels plans significant expansion. The company aims to have over 220 operational units with 20,000 keys by 2030. Growth will be driven...
- Royal Orchid aims for major expansion with 11,000 keys by 2026Royal Orchid, a hospitality company based in Bangalore, plans to expand its portfolio to 11,000 keys over the next two years by entering ne...
- Hotel brands scout for franchise deals as market maturesEven Indian chains are exploring franchising opportunities, industry insiders said. Amith Khanna,head of franchise for India, the Middle Ea...
- OYO warns of legal action against vested groups for tying to disrupt businessThe company "cannot and will not let anyone hamper the customer experience.We will take strict legal action", Mathur said.
- FabHotels plans to double inventory by 2019Aggarwal said the company will also add some business and leisure cities.
- OYO partners Royal Challengers BangaloreWith this deal, OYO becomes one of RCB’s direct sponsors until December. OYO will also give away free tickets to RCB matches and will also ...
- Hospitality sector weathered GST, demonetisation storms well: ReportIndia Hospitality Report 2017 said last year turned out to be slightly better than 2016, with 173 hotel agreements signed compared with 170...
- Taking a cue from China, hotels in India eye manchise routeBudget brand Treebo said it will focus on the manchised model to double its total inventory to about 800-850 hotels this year.
- Carnation Hospitality buys Barista Coffee chain for Rs 100 croreNew Delhi-based Carnation Hospitality has acquired Barista Coffee Co for about Rs 100 crore from Lavazza Spa, becoming the fourth owner of ...
- Gate Gourmet acquires a 74 pc stake in Skygourmet from IHCGlobal airline catering and logistics provider Gate Gourmet said it has acquired a majority interest in Skygourmet, the leading airline cat...
- S Africa's News Cafe makes India foray, to invest Rs 100 crS African premium cocktail- bar chain News Cafe plans to invest up to Rs 100 crore over the next five years to expand operations in India.
- 37% turnout in Chhattisgarh polls, voting onAround 37 pc people voted by 1330 hours in Chhattisgarh.
- Sarovar Hotels to manage Plaza Hotel in ChennaiIn its efforts to gain larger footprint in the southern soil, multi-brand hotel Sarovar Hotels has inked an agreement with Ferdous Hotels t...
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