We already covered a bit about the Indian Hospitality Industry in earlier blog posts such as Indian Aviation Industry set to take off ! Hoteliers watch out ! and Hyatt expanding in India – Plenty of Hospitality Jobs to be created ! .
More good news is awaiting for those monitoring the hospitality sector in the Indian peninsula.
Aerens Gold Souk Group, a four decade old, diversified conglomerate with interest in retail, entertainment and real estate is planning to enter the hospitality sector with a strategic alliance with Wyndham Hotel Group for as many as 10 hotel projects.
The Group will build deluxe hotels in Tier-II cities such as Kochi, Ludhiana and Hisar. We’ve covered extensively in the early blog posts of the growth potential of Tier-II cities in India. Our belief is reinforced by this recent strategic alliance.
The new hotels are expected to have 100 to 120 rooms and will be opened sometimes in 2015.
- Hyatt expanding in India – Plenty of Hospitality Jobs to be created ! Just on the heels of our blog post about Indian...
- Indian Aviation Industry set to take off ! Hoteliers watch out ! In a recent statement, the Indian Government has announced that...