The Indian hotel industry is in its prime time. Foreign tourist arrival is likely to touch 15 million by 2020, and the country requires to a3dd over 180,000 hotel rooms. According to Federation of Hotels and Restaurants Association of India (FHRAI), India currently has around 103,000 hotel rooms across categories.
Growth of chain hotels and group hotels in India
Looking at the positive outlook, many international hotel brands are betting big on India’s hotel market. Cities including Delhi, NCR, Mumbai, Kolkata, Chennai, Bangalore, Pune, Gurgaon, Noida and Ahmedabad are attracting a major portion of the upcoming hotel investment. Read More
By: Ronnie Sarkar
Published in: IDS Next