The development will feature 117 hotel rooms and 58 branded residential villas on a 25.5-acre site along Sunray Beach in Visakhapatnam, India
indian hospitality market
Too many entrepreneurs give up, says Oyo CEO Ritesh Agarwal
The 25-year-old is at the helm of one of the world’s fastest growing hotel chains
GIC, Tata’s hotel unit partner to invest $600m in India
The strategic partnership will extend the Indian company’s presence at the top-end of the market, where it already runs a chain of properties under the Taj Hotels brand
Video: Why the Indian hotel market is rapidly growing
Hotelier Middle East explores why the Indian hotel market is rapidly increasing.
Hotel demand outpacing supply in India, study shows
According to a new study from a real estate research firm, revenue per available room is expected to rise 9.5% this year
India OYO Hotels & Homes sees growth quadruple in 2018
OYO currently manages 12,500 rooms across Dubai, Sharjah, Ras Al-Khaimah and Fujairah
Indian hotel chain brands have wrong strategy, says Marriot CEO
Arne Sorenson said he is confident the Marriott brand will continue to attract Indian guests more than any other hotel brand
Hotel demand growing twice the rate of supply in India, says report
Branded hotel chains India set to see 50% growth, according to PwC