Gurugram-based hospitality startup OYO has shifted its business model from hotel aggregation to franchise. OYO now runs pure-play franchise business allowing hotel partners to run under the OYO brands.
OYO had introduced franchise model in May last year. “In the last two years, we have evolved our business to 100% exclusive franchise, manage or operating. We do not anymore do hotel aggregation and have become a full-scale hospitality company,” OYO CEO Ritesh Agarwal said. Continue reading →
Flight Shop, the leisure brand of Flight Centre Travel Group (FCTG), Australia, in India, opened its first retail store in Surat and second franchise outlet, after Hyderabad. Spread over 1100 sq. ft., the Flight Shop outlet in Surat aims at catering to the needs of up market urban consumers – families, business travellers, honeymoon couples and groups of travellers. The new retail outlet will offer travellers Flight Shop’s range of products and services – Domestic and International Flights, Customized and Group Holidays, Hotels, Car Transfers, Visa, Cruise holidays, Honeymoon holidays, Adventure holidays and more. Continue reading →
Yellow Tie Hospitality has on Wednesday announced that it has partnered with UAE based street food brand Just Falafel. The company is investing US $3 million on Just Falafel and plans to open its first store in Mumbai.
Yellow Tie Hospitality is India’s first professional food and beverage franchise management company, started by Karan Tanna in January 2016. The company is known for providing comprehensive support to franchise owners to scale profitability. Apart from this, Yellow Tie Hospitality is also credited for bringing Genuine Broaster Chicken to India. Continue reading →
Hamleys is already the largest toy retailer in India with 26 stores across 14 cities since its entry six years ago. It now intends doubling its number of stores within the next two years.
Reliance Brands, the master franchise for Hamleys India, is already on the job of launching six new stores this fiscal in tier 2 cities like Bhopal, Coimbatore and Guwahati under different formats including its smaller express stores. Continue reading →
US-based motorcycling experience provider EagleRider Inc announced opening of its first franchise outlet in India here at the Capital.
The company said domestic and international travellers will now be able to hire luxury motorcycles on self-drive and pre-determined guided tours or tailor-made adventure holidays within India and neighbouring countries like Nepal, Bhutan, Myanmar. Continue reading →
The professional wrestler Dalip Singh Rana, better known by his ring name The Great Khali, to flex his muscles at the gym, is planning to set up 50 gyms in India in a year and then look abroad. The USP being a combination of gym with fitness and wrestling.
‘’The theme of the gyms would look like a wrestling ring. As members enter the gym, Khali will greet them with an automated voice message. There will be a Khali gallery, which will display and sell merchandise like clothes and boots,’’ says Ankur Makan, Khali’s man handling the project. Continue reading →
Dutch apparel brand Scotch & Soda has struck a long-term partnership with Reliance Brands to open its stores in India, which was being sold exclusively on Myntra.com.
Reliance Brands, which runs stores of 19 international brands in India, including the likes of Muji, Kenneth Cole, Steve Madden, Diesel and Brooks Brothers, will start off by opening two stores next year for the Euro 600 million brand. Continue reading →
Shoemaker Bata India Ltd will slow down expansion of its own store network and hand out more franchises to tap into rural and semi-urban markets, a top company official said.
“This is something we have never done before,” said Rajeev Gopalakrishnan, managing director and chief executive officer of Bata, referring to the plan. “Currently, all our stores are company-owned.” He was talking on the sidelines of the annual general meeting of the company. Continue reading →