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HOTEL FRANCHISING COMPANY
Royal Orchid plans to add 50 hotels, betting on local demand boostRoyal Orchid Hotels is set to launch over 50 new properties across India in the coming 12 to 18 months. This expansion is fueled by a surge...- 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...
- IPL: BCCI bans smart sunglasses in PMOA, warns of action in case of violationThe BCCI's Anti-Corruption Unit has banned smart sunglasses for players and officials in the ongoing IPL. These devices possess advanced co...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- IHCL remains confident of achieving all its goals: MD and CEOIndian Hotels Company Limited, IHCL, is successfully managing global and local challenges. The company is expanding its brand portfolio acr...
- Global tensions have failed to deter demand for travel: Hyatt Asia Pacific Prez David UdellTravel demand remains strong globally, with people rerouting trips instead of cancelling. This benefits Asia Pacific markets. Hyatt sees su...
- Hilton announces strategic agreement with Royal Orchid Hotels for 125 New Hampton by Hilton HotelsRoyal Orchid Hotels and Hilton are embarking on a partnership, planning the launch of 125 Hampton by Hilton hotels across India. Targeting ...
- Tourism and hospitality ecosystem: Will it get hit harder due to the war’s second-order effect? 20 stocks to keep an eye onThe one thing that impacts the tourism and hospitality sector most is war. The reason is simple: Flights get disrupted, and the urge to tra...
- Magnum expands its 'cone-quest' with Kwality Wall's India dealA mandatory open offer to public shareholders is currently underway in line with Indian takeover regulations and is expected to conclude wi...
- Jubilant FoodWorks to exit Dunkin' India franchise dealJFL had introduced the first Dunkin' store in India in April 2012, a year after it signed the franchisee deal. After opening over 70 Dunkin...
- Wyndham exploring opportunities to manage hotels in IndiaWyndham Hotels & Resorts is looking to manage hotels in India. The company also plans to bring its branded residences offering to India in ...
- 'No better time to be in India than now'The chain has also appointed Shailender Singh as the market managing director for Eurasia. Wyndham has 60 operational hotels in India, with...
- No better time to be in India than now: Wyndham ExecWyndham will launch its first luxury hotel in India next year with the opening of the Wyndham Grand in Udaipur. Additionally, they plan to ...
- Wyndham Hotels & Resorts appoints Shailender Singh as market managing director for EurasiaWyndham Hotels & Resorts has appointed Shailender Singh as the market managing director for Eurasia, highlighting plans for expansion. Sing...
- 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...
- Choice Hotels inks 15-year master franchise agreement with Suba Group of Hotels in IndiaSuba Group of Hotels said in a statement on Monday that it will assume responsibility as master franchise holder for the 58 Choice Hotels p...
- FabHotels plans to double inventory by 2019Aggarwal said the company will also add some business and leisure cities.
- Oyo changes business model from aggregation to franchiseThe hotels that were part of the aggregation model have converted into franchises. The shift was mainly to reduce operational costs and imp...
- Sarovar Hotels & Resorts signs 2 hotels under mid-scale brandThe group has signed an 81 room property at Kapashera in New Delhi and a 43 room hotel at Palampur in Himachal Pradesh.
- Hotel chains warm up to franchise modelThe franchise model bridges the gap between the owner’s cost concerns and the hotel brand’s expansion ambitions.
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