Revenue Management
Hilton Hotels Corporation Aims to Form One of the Largest International Hotel Chains in India with DLF
Link of article
Hilton Group is a global company with more than 2800 hotels and 245000 rooms in over 80 countries including many memberships worldwide.
DLF- is one of leader Real Estate Developers in India. DLF is engaged in the businesses of developing homes, offices, shopping malls, SEZs, hotels and infrastructure projects.
Head-office in New Delhi, strong presence in Gurgaon south region of India
Hilton Hotels Corporation - DLF Joint Venture to build 50 to 75 Hotels and Service Apartments over 7 years. The Hilton group plans to create a joint venture in India with DLF limited. The formation of joint adventure is waiting for the written form from the government.
It is very good idea for the cooperation between those two companies. JV Company will develop and built these hotels, and Hilton will figure out the management strategies.
DLF will have 74% of JV Company, but Hilton will hold the remaining minority stake as a symbol of its commitment to the venture. The goal is to develop in certain regions including Chandigarh, Chennai and Kolkata the Hilton Garden Inn properties- Hilton business hotels.
We all know that, India market is going to explore in the next few years, as we can find out of demographic and economics situation. Many foreign companies have already invested there. Especially software companies, the manufactures are very cheap India.
I can say that India economic is going to be much more powerful than China.
The objective of Hilton is to collect new experiences in India and the opportunity with DLF is a compelling next step to capitalise on the development momentum and build their Hilton Brands in India. In another hand for DLF they will receive many opportunities for growth in the hospitality sector in India, given the attractive tourism and business. Through this strategic partnership is confident of bringing world-class hospitality and services across the country.
0 Comments:
Enregistrer un commentaire
<< Home