The group has a total inventory of 6,582 rooms and another 4,857 in pipeline.
Marriott-Starwood, Carlson Rezidor and others are winning the tug-of-war for customers with local hotel chains as they add new properties at a breakneck speed.
'We don't know yet if we are forming the next government with the BJP or not.'
Over 60-70% of the guests at five-star hotels are foreigners. However, hotels say, if dollar remains at this level, the mix could change.
The year 2017 could be the third year of a double-digit growth in arrivals from China after years of low single-digit growth
Corporate clients form more than half of the business for most branded hotels, especially in cities.
The BJP is banking on development. The opposition is raking up caste identities and the dangers of hyper nationalism.
The Tata group-owned budget hotel chain is going back to drawing board to reboot the brand. Is it too late?
Firms are offering employees flexi hours; demand for air purifiers, masks have skyrocketed.
Given the hotel's prime location, it is obvious that there will be some serious bidders trying their luck when an auction is held in the second half of this calendar year.
'A heavy tanker takes time to move, but when it starts rolling, it's difficult to stop it,' Indian Hotels CEO Puneet Chhatwal tells Shyamal Majumdar.
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