Believe me, it’s not... • 22d
The world's largest hotel chain owns zero hotels → yet generates over ₹10,000 crore from India alone. Here's how Marriott turned hospitality into a fee-collection business ⤵️ i). Marriott owns 'virtually nothing' in India. No land, no buildings, no construction risk. ii). Developers (Panchshil, Raheja, SAMHI, Chalet) fund everything: land acquisition, construction, furniture, maintenance → everything. - Marriott runs ops: ⤷Hires and trains all hotel staff, sets room rates, revenue management, marketing, reservations, customer service, tech, etc. In return they receive Base management fee (% of hotel revenue) + Incentive fee (% of profit) + Franchise royalties + Marketing & loyalty system charges. Now India's largest hotel chain by room count (beating even Taj) - a). 150 hotels across 40+ cities b). India revenues likely to have toucher ₹11,500 Cr (2023 was somewhere around ₹9,000) c). 17-brand portfolio covers every wallet: i).Luxury: Ritz-Carlton, St. Regis, JW Marriott, W Hotels ii).Premium: Marriott, Sheraton, Westin, Le Méridien iii).Select-service: Courtyard, Fairfield, Four Points, Aloft d). Scaling beyond metros: 75% of new rooms are Tier II/III cities: Katra, Ayodhya, Varanasi, Guwahati( Religious tourism boom). ⏭️The loyalty moat is massive → 5M Marriott Bonvoy members generate 70% of room-nights.
Hey I am on Medial • 16d
Tezpur Hotel Room Booking Step into quiet luxury with The Postcard Assam, where every moment feels like home. Whether you seek nature, heritage, or pure relaxation, Tezpur hotel room booking has never felt more personal. Book your escape at the Post
See MoreEntrepreneur, buildi... • 5m
This startup from Patna, Bihar will revolutionize the direct hotel booking industry. I'm talking about direct hotel booking. cyty(dot)in, a community driven platform for hotels to connect directly to the travellers - Eliminating middleman. What cust
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Faad Network • 5m
How can renting an Airbnb give you Rs 7 lakhs with 0 Effort? Let’s break it down: 👇 i) 1BHK rental cost in Goa – ₹25,000 ii) Furnishing, decor & appliances – ₹2.4 lakhs (one-time setup) iii) Maintenance, cleaning & listing fees – ₹30,000 (annual)
See MoreHistory always repea... • 8m
💡 Business Idea: Protective Domes for Public Spaces ☂️ 🤯🚀 The Westin Bayshore hotel in Vancouver has introduced an innovative solution for ensuring the safety of its guests by installing transparent domes over tables and benches. Key Benefits: �
See MoreHey I am on Medial • 7m
We are thrilled to invite you to join the **IHCS Group of Hotels Franchise**, a leading name in the hospitality industry since 2010. With 15 managed hotels, 10 restaurants under the FOFO model, and staffing support for 30+ properties, IHCS is your tr
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