New Delhi, March 16 Florida-based hospitality giant Hard Rock International announced on Monday that it has terminated franchise agreements with JSM Corporation Pvt Ltd and related entities, covering the right to operate all Hard Rock Cafes and Rock Shops within India. This has resulted in the closure of outlets in 10 locations across the country.
The company did not disclose the reason for the decision, which effectively ends its presence in key locations across India.
These include Hard Rock Cafe Bengaluru; Bengaluru International Airport; Bengaluru Whitefield; Chandigarh; Chennai; Hyderabad; Hyderabad Hitech City; Kolkata; New Delhi and Pune.
"Hard Rock International has formally terminated its agreements with JSM Corporation Pvt Ltd and related entities, covering the right to operate all Hard Rock Cafes and Rock Shops within India. The Hard Rock Hotel in Goa will remain open and is not connected to this operator," it said in a statement.
Founded in 1971, Hard Rock Cafe is a global chain of music-themed bars, restaurants, memorabilia shops, casinos, hotels, and museums, with a presence in over 70 countries.