270 branded hotels temporarily shut in India due to second COVID-19 wave - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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270 branded hotels temporarily shut in India due to second COVID-19 wave

While a sudden rebranding or a takeover does not happen due to the tortious interference clause in global hotel contracts, some hoteliers and consultants said after the second wave, the sector could see more rebranding and reshuffling of hotels between brands, with some owners not being happy with existing partnerships.

from Industry-Economic Times
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