How Suresh Nanda’s Claridges - IHCL Partnership Shows Growth Model of India’s Hospitality Sector
India’s hospitality industry is foraying into a new phase of growth; domestic tourism and brand collaborations are emerging as one of the biggest drivers behind this transformation. Rather than relying solely on traditional ownership models or standalone expansion plans, hotel owners and hospitality brands prefer collaborations, management agreements, and brand alliances as key strategies to expand. The recent partnership between The Indian Hotels Company Limited (IHCL), the largest hospitality organization in India, and The Claridges New Delhi, own ed by entrepreneur Suresh Nanda , is one example of how established hospitality players use strategic alliances to strengthen premium hospitality offerings while preserving the legacy of iconic properties. Established in 1955, The Claridges , which run s under the leadership of Suresh Nanda , through this alliance , looks for a broader expansion . India’s Hospitality Market Is Expanding Rapidly India’s tourism and hospitality s...