The group has a total inventory of 6,582 rooms and another 4,857 in pipeline.
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.
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.'
'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.
The year 2017 could be the third year of a double-digit growth in arrivals from China after years of low single-digit growth
The Tata group-owned budget hotel chain is going back to drawing board to reboot the brand. Is it too late?
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.
The BJP is banking on development. The opposition is raking up caste identities and the dangers of hyper nationalism.
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