Global Hotel Chains Look to the Indian …

Global hotel chains are piling into the Indian hospitality industry, lured by the country's rising economy and growing business and tourism attractions. The hotel industry in India is thus a prime example of the way developing-world growth, in the wake of the Global Financial Crisis, is luring multinationals from their stagnating economies at home. Some 40 international hotels are expected to open in India in the next three years, covering the full range—upscale, mid-scale, economy and budget.

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