Tata Group
In the next 3-4 years, we’d love to build a total of 70 hotels if not more. So, at an average of 100 rooms per hotel, our inventory would go up to 7,000 rooms during this period,” said by the officials.The company has also commenced work on hotels in Chennai, Surat, Indore, Tirupur, Manesar and Lucknow. Current development in the budget category is low. There are not many players in this segment and so there is immense opportunity here. By 2011, about 25,000 new upscale rooms are expected in major Indian cities versus nearly 18,000 rooms in mid-scale and budget segments.
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