Hotel Business
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Franchise India Bureau Sep 11 2019 - 1 min readThe Indian Hotels Company Limited (IHCL) is entering Shillong, Meghalaya, by signing a new Vivanta hotel. Vivanta Shillong is a management contract with Aura Hotels and Resorts Private Limited. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL, said, “The signing of Vivanta Shillong is in line with Aspiration 2022 and its domestic expansion strategy ...
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Franchise India Bureau Apr 06 2019 - 1 min readHospitality firm OYO has formed a joint venture with Tokyo-based SoftBank Corp and SoftBank Vision Fund for commencing its hotel operations in Japan. The joint venture, named as OYO Hotels Japan GK, will be headed by Prasun Choudhary as the operating partner. Ken Miyauchi, President and CEO, SoftBank Corp, said, "We are delighted to deliver ...
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Franchise India Bureau Apr 05 2019 - 1 min readRadisson Hotel Group, one of the world’s largest hotel groups owned by Jin Jiang Group, will launch its 100th hotel in India in 2019. The company is already one of the largest international hotel groups in the country with 143 properties and more than 16,800 rooms presently operating or under development nationwide. Radisson Hotel Group ...
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Franchise India Bureau Mar 08 2019 - 1 min readHome-renting company Airbnb has acquired HotelTonight, an app for finding hotel rooms at a discount. The acquisition is part of the company’s plan to further push its business beyond short-term home rentals and attract a wider variety of travelers. With this acquisition, Airbnb will expand its inventory by adding a number of listings from hotels. ...
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Sneha Santra Sep 27 2018 - 2 min readAn organic expansion is difficult to come by in most consolidated and established markets, and so many hotel businesses are finding respite in a different way of doing business – cross pollinisation, scaling up across industries rather than trying to go solo or stay within the confines of the same industry. Some of the key ...