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Marriott International said the 97 rooms hotel is located in Gorakhpurs city center and a 30-minutes drive away from Mahayogi Gorakhnath Airport. The chain said the hotel is well-connected to the Gorakhpur Junction Railway Station and The Gorakhpur Bus Stand, and has views of Ramgarh Tal Lake in the backdrop.
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.
Entrepreneurs from various industries in tier-2 and -3 cities in India are entering the hospitality sector, diversifying their business portfolios. Sharad Agarwal, franchisee owner of Delhi Public School (DPS), is partnering with a luxury hotel chain to start his first hospitality venture in Siliguri. Mankind Pharma has also entered the sector with two hotels, and other companies are following suit.