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Asia Sentinel
Asia Sentinel
Indian hoteliers eye growth overseas

Indian hoteliers eye growth overseas

Our Correspondent
Jun 19, 2012
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Asia Sentinel
Asia Sentinel
Indian hoteliers eye growth overseas
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As Indian economic growth slows and a wider perception of the slowdown grips the country, established and newer domestic hospitality companies are increasing the pace of their expansion overseas.

The US$26 billion Sahara India conglomerate, for instance, is buying New York's iconic Plaza Hotel for US$570 million. The deal for the 282-room luxury hostelry…

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