More hotel rooms in India’s business cities

2/17/2014 8:26:00 AM

India’s business cities are expected to offer an increase of 52,000 hotel rooms in the next 5 years. A report by Cushman & Wakefield (C&W) property consultants says these rooms will be needed to address rising demand from travellers as global economic conditions improve.

According to the report, published by The Times of India, Delhi, Bangalore, Mumbai, Kolkata, Pune, Ahmedabad, Chennai, Hyderabad and Kolkata will witness almost 105 per cent increase in new rooms in the next 5 years from the current level.

Many hotel projects which were delayed in the last two years are expected to be completed. Despite a significant number of leisure travellers both international and domestic, hoteliers are seen to be concentrating on business destinations, special focus on Delhi, Mumbai and Bangalore.

Delhi NCR is expected to contribute around one-third in the total expected hotel rooms supply in the next years, which is expected to see 17,000 rooms, followed by Mumbai at 12,098 and Bangalore at 6,978 rooms.

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