How unbranded hotels are hitching a ride on branded ones for growth

Known as conversion, this trend is catching up in India's hospitality market as asset owners are looking at optimal utilisation levels and a brand recall

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Shally Seth Mohile Mumbai
Rohith Naidu, owner of Marks Granduer, has never been so satisfied with the occupancy rate or average room rent (ARR) of his mid-market hotel at Yashwantpura in Bengaluru. 

But thanks to a deal he inked with Ferns Hotels & Resorts last year, he is converting his unbranded, stand­alone property into a branded one. It is now one of the 40-odd properties managed by Ferns across the country.  

Naidu is not alone. Earlier this month, Ramakant Sharma, managing director at IRA Resorts, got into a similar brand franchising agreement with Wyndham Hotels & Resorts that runs the multinational hotel chain, Ramada.

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First Published: Jan 30 2019 | 11:10 PM IST

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