Categories: Business

Hilton to debut its Hampton brand in India, ties up with NILE Hospitality to launch 75 hotels

Hilton has tied up with NILE Hospitality to open 75 Hampton by Hilton hotels in India signalling its confidence in the country’s hospitality industry.

This follows an earlier agreement in 2024 to bring 150 Spark by Hilton hotels to India with Olive by Embassy.

On Thursday the hotel chain announced it has signed a strategic licensing agreement with NILE Hospitality.

The first Hampton by Hilton hotels will debut across Gujarat, Rajasthan, Punjab and Bihar. Hampton by Hilton sits in the upper-midscale segment, which expands the company’s existing midscale category in the country following the growth of upscale brand Hilton Garden Inn and the upcoming premium economy brand, Spark by Hilton.

  • Also read: Suzuki Motor rethinks India strategy amid falling market share, EV competition

Hampton by Hilton is the company’s largest brand by number of hotels globally and serves value-conscious and quality driven travellers.

Vikram Singh Chauhan, founder and CEO, NILE Hospitality, said, “With this landmark signing, we are delighted to join hands with Hilton, bringing this celebrated brand to the region. This partnership represents an extraordinary opportunity for NILE to tap into the immense potential of the country’s growing middle-income segment.

“This agreement marks yet another important milestone as Hilton accelerates its growth in India and unlocks a new chapter of expansion in Asia Pacific,” said Alan Watts, president, Asia Pacific, Hilton. 

Source link

nasdaqpicks.com

Recent Posts

Think. Over the week – The Hindu BusinessLine

In his weekly column, Line&Length, TCA Srinivasa Raghavan says why income tax is a necessary…

6 minutes ago

Nifty Next 50, Nifty Midcap 150, Nifty Smallcap 250: When largecaps correct like smallcaps

In the ongoing rout in the small- and mid-cap space that has drained portfolios, investors…

13 minutes ago

F&O Strategy: Tech Mahindra bull call spread

The stock of Tech Mahindra (₹1,649.50) is ruling at a crucial level. Support levels are…

22 minutes ago

Lumax Industries: Good time to buy?

In our bl.portfolio edition dated March 19, 2023, we had given a buy call on…

29 minutes ago

Syrian refugee arrested after stabbing at Berlin holocaust memorial

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…

31 minutes ago

F&O Tracker: F&O Data Continues to indicate bearishness

Nifty 50 (22,796) and Nifty Bank (48,981) were down 0.6 per cent and 0.2 per…

35 minutes ago