Hotel Boom in India

Whether you travel to India for business or pleasure, you’ll have more options to choose from in coming years, as
tons of new hotel projects continue to be announced throughout the country. This is good news, because as inbound
traffic to India has grown by 25% in the past two years, the hotel industry has not been able to expand at the same
speed.

InterGlobe Hotels plans to develop a minimum of twenty
five Ibis Hotels over the next twelve years. And according to
this article, there are many others developers with hotel
expansion projects. While some companies are developing properties in IT parks, holy cities, industrial towns and
national parks, others like InterGlobe are focusing on central business districts. These developers are also
anticipating opening bids for the needs of the 2010 Commonwealth
Games
.