Developments

Hotels & Resorts

There has been a substantial increase in demand for high quality accommodation across the Indian hotel sector due largely to increased business tourism, a decline in airfares and greater investment in infrastructure. We intend to develop luxury, business, upscale, mid-market and budget hotels, as well as serviced apartments. We also intend to enter into strategic partnerships, for the development of our hotel projects in each of these segments.

We recently entered into a joint venture with Best Westernto develop and own a chain of hotels and serviced apartments in India.

In addition to our proposed joint venture with Best Western, we intend to enter into contracts or joint ventures with other leading international companies for the acquisition and development of budget and super luxury hotels as well as serviced apartments.

 

 

 

 

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