About IHC Hotel Franchise in India
The hospitality industry is one of the most dynamic and challenging industries. Hotels, homestays and other types of accommodations have to navigate various aspects such as attracting guests, managing costs, generating revenue and making their business profitable.
Single-individual hotels and homestays, however, face unique challenges. We have realised thatthese challenges include visibility, low economics of scale, lack of knowledge about revenue management, outsourcing issues, etc.
Revenue management and social media marketing especially need additional expertise, which many hotels lack. Established hotels have an advantage over single-individual hotels. The hospitality industry, being competitive, can be difficult terrain for newcomers.
Trends & Factors contributing to growth of Hotel Business in India
India has seen a rise in domestic as well as international travel, which has made more people want to stay in hotels of all kinds.
The growth of the middle class has led to more people with extra money and more money spent on travel and fun, which has helped the hotel business even more.
The Indian government had been promoting tourism through e-visas, destination marketing efforts, and better infrastructure, all of which were good for the hotel industry.
India's growing reputation as a global business hub has caused a rise in business travel, which has increased the need for business hotels and meeting centres.
Online booking sites are becoming more popular, making it easier for travellers to find and book hotels. This has led to higher hotel occupancy rates.
Major hotel chains and foreign hospitality brands have been growing in India, which is good for both business and leisure travellers.
India's rich cultural history, historical sites, and variety of natural scenery have made it a popular place to visit for many different types of travellers, which has led to a higher demand for hotels.
Moreover, profitability of a hotel chain franchise in India, depends on various factors, like economic conditions, brand's reputation, hotel location, competition level, and its performance in the hotel industry.
To know how to start a hotel franchise in India, get in touch with us at FranchiseBazar. Our plethora of franchise opportunities can get you the best as per your investment. Call us right away!
|Industry||Segment||Investment||Franchise Fee||Space||Expected No of Hours / month||Expansion Location/s|
|Hotel Franchise||Hotel Chain Franchise||Rs. 75Lakhs - 1Crore||Rs. 2lakhs -5 lakhs||750 - 1000||Less than 10hrs||252 places|
|Hotel Franchise||Hotel Chain Franchise||Rs. 75Lakhs - 1Crore||Rs. 2lakhs -5 lakhs||750 - 1000||10 - 20hrs||3 places|
Should be good at management
Should be good at marketing and sales
Owning a Business previously works best for you.
Employees who have worked in companies are a good match.Self Employeed Professional are an ideal fit.
Students/Fresh Graduates/Others suits our opportunity.