invest in hotel business
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Nibedita Mohanta May 15 2019 - 3 min readIndia’s rising middle class and increasing disposable incomes has continued to support the growth of domestic and outbound tourism. As per the Ministry of Tourism, foreign tourist arrivals (FTAs) in India increased 19.5 per cent year-on-year to 630,000 in May 2017. FTAs on e-tourist visa increased 55.3 per cent year-on-year to 68,000 in May 2017. ...
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Shahram Warsi Oct 11 2018 - 2 min readWith the domestic success of hotel chains like OYO rooms, new entrepreneurs are targeting this segment for turning their vision into reality. Keeping the wellness trends and demand in consideration, the hotel business is expected to rise more in coming years. Here are key points to consider before establishing a luxury hotel business. Plan your ...
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Shahram Warsi Sep 25 2018 - 2 min readOYO Hotels, India’s largest and fastest growing hotel chain has already marked its presence in the domestic market. Now, OYO is planning to venture into the United Kingdom, with the aim to establish approximately 300 hotels by 2020 end. The domestic success has made Ritesh Agarwal, Founder, OYO Hotels invest approximately 40 million pounds, trying ...
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Ramanjit Kaur Sep 29 2017 - 4 min readLe Sutra Hospitality recently launched ‘Le Sutra’ the world’s first hotel based on Indian philosophy. In an interview, Ranjan Gupta, Head Operations, Le Sutra shares the future plans of his company. Ramanjit Kaur (RK): Tell us about the inception of Le Sutra Hospitality and its various brands in India? Ranjan Gupta (RG): We are in ...
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Pallavi Majha Sep 29 2017 - 5 min readA strong domestic traveler size, increased spending power and better access to an improving road and infrastructure is encouraging the hospitality sector in India. Eric Danziger, Group President and CEO,Wyndham Hotel shares the expansion plans of the brand in India in an interview.Pallavi Majha (PM): Wyndham Hotel Group a part of Wyndham Worldwide Corporation ...