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High on hotels: A gold rush starts as businesses find room for growth

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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Businesses looking to diversify find room for growth in hospitality space

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.

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The 26 Most Anticipated Luxury Hotel Openings of 2023

It’s impossible to pick where to visit first! Here, the luxury hotel openings we're most excited about for 2023.

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Rohit Chhokar has been appointed Director of Sales & Marketing at The Westin Rishikesh Resort & Spa

The Westin Rishikesh Resort & Spa, the first Westin branded property in the Himalayas, has announced the appointment of Rohit Chhokar as Director of Sales and Marketing. With over 14 years of expertise in innovating and implementing strategies in the hospitality industry, Rohit will be focusing on optimizing the resort s revenue performance as well as establishing the brand s positioning of being the most versatile and preferred resort in the Himalayas.

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The Westin Rishikesh Resort & Spa | Travel Trends Today

The Westin Rishikesh Resort & Spa | Travel Trends Today
traveltrendstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from traveltrendstoday.in Daily Mail and Mail on Sunday newspapers.

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