Hotel franchise business
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Vaishnavi Gupta Jul 30 2020 - 5 min readThe hotel industry has been largely dominated by unorganized players even till now. Back in 2006/07, the organized segment was dominated by International chains which primarily expanded with either management contract or franchise business model in the country. It was in 2009/10 when domestic chains also started to expand and increase their share in ...
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Nibedita Mohanta May 15 2019 - 3 min readIndia’s rising middle class and increasing disposable incomes has continued to support the growth of domestic and outbound tourism. As per the Ministry of Tourism, foreign tourist arrivals (FTAs) in India increased 19.5 per cent year-on-year to 630,000 in May 2017. FTAs on e-tourist visa increased 55.3 per cent year-on-year to 68,000 in May 2017. ...
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Shahram Warsi Sep 25 2018 - 2 min readOYO Hotels, India’s largest and fastest growing hotel chain has already marked its presence in the domestic market. Now, OYO is planning to venture into the United Kingdom, with the aim to establish approximately 300 hotels by 2020 end. The domestic success has made Ritesh Agarwal, Founder, OYO Hotels invest approximately 40 million pounds, trying ...
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Pallavi Majha Sep 29 2017 - 5 min readA strong domestic traveler size, increased spending power and better access to an improving road and infrastructure is encouraging the hospitality sector in India. Eric Danziger, Group President and CEO,Wyndham Hotel shares the expansion plans of the brand in India in an interview.Pallavi Majha (PM): Wyndham Hotel Group a part of Wyndham Worldwide Corporation ...
