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.
Related posts:
- 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...
Great post. I think this is really a great news for all hotel industry. I agree with above statement that hospitality industry is set to boom in India. Specially craze of luxurious hotels are increasing in India. Thanks for sharing this information. Keep sharing this.