The US-based hospitality giant Choice Hotels International has said that it has fully taken over the company's India business by acquiring the 60% stake of its franchise partners, for an undisclosed sum. The group said that after the buyout, Choice Hospitality India will be operated as a wholly-owned subsidiary. "We plan to focus extensively on developing resources for growing our presence in India, which now stands at 28 hotels," Choice Hotels International President and CEO Stephen P Joyce said in a statement. The stake has been bought from its franchise partners Sandeep Gupta and Sushil Gupta of Asian Hotels.
As Indians we know India in itself is an amazing nation and even the world agrees with that, however, grass is always greener on the other side and that is why Indians desire to immigrate a More
Helplinelaw can set up your session with quality and experienced lawyers to discuss and resolve your legal matters. You can avail consultation in form of sending questions, phone call or webchat discussion More