Bullish owner-investors of marquee hotel chains in India are ramping up investments, encouraged by growing domestic travel demand, amid increasing affluence in Asia’s third-biggest economy.
Atul Dangayach, MD of Dangayach Group that’s bringing Hiton’s Waldorf Astoria badge to India, told ET that investments will go up this fiscal as the group plans to add over 2,000 rooms in the next three years. Dangayach Group currently owns around 2,500 keys, and also will launch the first Marriott hotel…
