Choice Hotels Asia-Pacific – India Master Franchise Agreement
AJ & Co Lawyers head of Corporate Advisory, Jonathan Whybird, congratulates Choice Hotels Asia-Pacific on its transaction with Suba Group of Hotels. Mr Whybird worked with Indian firm Economic Laws Practice Advocates & Solicitors to transition Choice Hotels’ portfolio in India from a direct franchise market to a master franchise model and implement a 15-year master franchise agreement for Suba Group of Hotels to exclusively develop the Clarion™, Quality™ and Comfort™ brands in the Indian market.
Mr Whybird stated “this is a great transaction by Choice Hotels Asia-Pac that will allow them to continue to grow the Choice footprint in India. It was a pleasure to work with the Choice management team and their Indian partners to deliver this transaction”.
Choice Hotels Asia-Pacific Director of Investments & Portfolio Growth, Cameron Burke stated “We’re really pleased to have completed this transformational transaction with Suba Group of Hotels. Jonathan and the team at AJ & Co Lawyers were instrumental in helping to deliver a successful outcome on this deal, and we couldn’t be happier with Jonathan’s level of commercial and strategic guidance throughout the entire process.”
Choice Hotels Asia-Pacific is a wholly owned subsidiary of Choice Hotels International, Inc., a publicly listed (NYSE: CHH) company in the United States with over 7,000 hotels and nearly 600,000 rooms in 35 countries and territories.