Fab Hotels plans to double inventory by 2019 - Feedback

FabHotels, which operates primarily through franchising arrangements, plans to double its inventory to 20,000 rooms by the end of next year.

FabHotels competes with OYO—which has been ramping up its portfolio aggressively and currently claims to have over 5500 leased and franchised hotels and over 143,000 rooms in India and Treebo Hotels. There is ample space for FabHotels to grow, given its franchising arrangement model and high-average daily rates. In the last six months the company’s topline has grown by 50% and occupancy rates are upwards of 75%.

https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/fabhotels-plans-to-double-inventory-by-2019/articleshow/67063277.cms

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