Hotel franchise business opportunity

  The 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 ...

The Indian tourism and hospitality industry is one of the fastest emerging services sector. As per the ‘Indian Tourism and Hospitality Industry Analysis’, conducted by India Brand Equity Foundation (IBEF), hotels and restaurants are amongst the major contributors that comprises the third largest sub-segment of the services sector. It has contributed nearly US$ 187.9 billion ...