Growth in travel benefits for all
Hotels make rooms to travel with growth. Leading Hotel Chains to pump in Rs.4500 crore in two years, room inventory to/go up around 6500.
Hospital majors are likely to pump in close to Rs 4500 crore in new projects and expansion over the next two years on the back of a massive growth in business and leisure India travel. Indian Hotels (Taj brand), Leela Venture, EIH ( oberoi Group), Kamat Hotels, Royal orchid and other leading chains are likely to see room inventory go up by around 6,500. Global hospitality majors such as Intercontinental, starwood, Hilton, Accor, Carlson are all stepping up their global offerings in the India travel and hospitality market given the upbeat demand. Foreigners and taveller showing their interest apart form Delhi, Rajasthan, Goa, Karal also in adventure tour such as river rafting, climbing trekking in India.
Source- E T