The UK-based Six Continents Hotels has terminated its management agreement with the Gujarat-based New Light Hotels & Resorts.
The property, which was operated under the Holiday Inn Hotel and Convention Centre Vadodara, will cease to bear the name, Holiday Inn, effective from today.
Six Continents Hotels has exercised its contractual right to terminate the agreement, the company said in a press statement.
Also Read
Excluding this property, the global hotel group currently operates 14 properties in India including 10 Holiday Inns, 1 Crowne Plaza and 3 Inter-Continentals and in addition, have 4 properties scheduled to open over the next few months.
Six Continents Hotels has said that it remains committed to India for development of its hotel brands and will continue to drive value for its existing hotels in the region.
Six Continents Hotels, the hotel business of Six Continents Inc owns, manages, leases or franchises more than 3,270 hotels in nearly 100 countries and territories around the world.
The hotel chain brands include Holiday Inn, Crowne Plaza, Express by Holiday Inn, inn Select, Holiday Inn Garden Court, Holiday Inn SunSpree Resort, Staybridge Suites by Holiday Inn, Holidex, Priority Club, Inter-Continental, Forum, Parkroyal And Centra.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
