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“India needs 150,000 hotel rooms over the next three years, two-thirds of which would be rooms meant for budget hotels, as the tourism industry revives, tourism secretary told reporters on Thursday".
- Indian Tourism secretary.
Starwood Hotels & Resorts aims to grow 60% in India by 2013
Starwood Hotels & Resorts Worldwide on Wednesday said it is aiming to grow its business in India by 60 per cent over the next three-years.
"India is a key focus of our expansion efforts, in large part, because it is a market that today is relatively under- hoteled. We will grow 60 per cent by 2013 from our existing portfolio of 26 hotels in India," Starwood's President and CEO Frits van Paasschen said in a statement here.
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Indian hospitality Industry Attracting Investment from Global Hotel Chains !!!
"As a point of perspective, consider that India with a population of one billion people has just 1,00,000 hotel rooms, while New York City alone has roughly 80,000 hotel rooms," van Paasschen said.
Starwood has been present in India since 1973, when its Sheraton brand debuted in Mumbai. Since then the company has since grown its portfolio to 26 hotels under its Westin, Sheraton, Four Points by Sheraton, Luxury Collection and Le Méridien brands, the statement said.
Looking ahead, Starwood and its partners have another 15 hotels under development in India, including six Aloft hotels, three of which are slated to open this year, it said.
Its new hotel openings from 2007 until the end of 2010 will create more than 4,000 new jobs, it said.
India is a country full of surprises. It has everything a traveller would look forward to with absolute delight. It has got some of the world's best beaches in Goa. There are some of the best hill-stations cradled in the lap of the mighty Himalayas. The magnificient Taj Mahal from Agra is as alluring to a Westerner so as to an Indian. The majestic palaces of Jaipur show the past glory of the kings who ruled this desert land. The National Parks and the Sancturies of India are a home to many a varied animals and birds. The Royal Bengal Tigers are the most graceful animals found in the Sundarbans in Bengal, India. The Temples located in South India and the Temples of Khajuraho are a must see for anyone visting India. Delhi is the capital of India. Ahmedabad is the principal city of Gujarat and is the second largest industrial centre of India. The capital of Karnataka state, and now part of the great Silicon Valley, Bangalore is a beautiful city filled with the tranquillity of its greenery. Calcutta - the gateway city to eastern India, is 300 years old. The gateway to the sunny south, Chennai - the capital of Tamilnadu is also the seat of ancient civilisation with a rich heritage of fine arts, sculptures and architecture. Hyderabad is the capital of Andhra Pradesh. It is famous as the former seat of the fabulously wealthy nizams of Hyderabad. Cochin , which is now known as Kochi is the commercial capital of Kerala. Mumbai, till recently called Bombay, is the "Finance Capital of India" & one of the finest metropolitan in the world. Nested in the picturesque Sahyadris (the Western Ghats), just 150 km south of Mumbai, Pune is a contrast of history and modernism. Other important Indian cities.
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