Louvre Hotels Group, which announced the opening of its first 'Royal Tulip' in Navi Mumbai in partnership with city-based Concrete Builders, on Monday said it is eyeing around 50 properties with about 5,000 rooms by calendar 2015 under its various brands.
'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'
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