According to reports published by Tourism Ministry, India needs about 150,000 hotel rooms over the next three years, of which 100,000 are in the 3-4 star category.
As per the industry estimates, over 40 international hotels are expected to be operational in the country in the next 3 years; these global chains are now entering across categories (3-5 star hotels).
US based MGM Mirage Hospitality, Amari from Thailand, Fairmont Raffles Hotels, Golden Tulip Hotels, Movenpick Hotels & Resorts, Corinthia Hotels group from Europe are among the chains that are set to come to India.
Then there are Domestic chains like Taj, Oberoi's, Sarovar group, Lemon tree, Citrus, Keys, The Lalit which have huge expansion plans.
As per the industry estimates, over 40 international hotels are expected to be operational in the country in the next 3 years; these global chains are now entering across categories (3-5 star hotels).
US based MGM Mirage Hospitality, Amari from Thailand, Fairmont Raffles Hotels, Golden Tulip Hotels, Movenpick Hotels & Resorts, Corinthia Hotels group from Europe are among the chains that are set to come to India.
Then there are Domestic chains like Taj, Oberoi's, Sarovar group, Lemon tree, Citrus, Keys, The Lalit which have huge expansion plans.