The hospitality sector in India is attracting a diverse range of investors, including book publishers, car dealers, and school owners, in addition to industrial groups. The increased interest is driven by the country s growing economy and high demand for hospitality services. Hotel companies are also expanding to meet the surge in demand, while standalone properties in non-metro areas are being acquired by hotel chains. Factors such as the rise of travel as a lifestyle trend, improved infrastructure, and changing social norms are contributing to the long-term growth potential of the hospitality sector in India.
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India Business News: The Ranthambore hotel, designed by architect Luca Franco of Luxury Frontiers, will feature spacious 1,950 square feet rooms and each of the 14 rooms w
"We are profitable at a company level. We have institutional funds working with us. I think we are building the next level of global hospitality out of India," said Chopra. Last year, on a conservative basis, it had ₹1,563 crore of hotel assets under management, said Kapil Chopra.