By Andrew Gibson
The Carlson Rezidor Hotel group are to work together with Bestech Hospitalities to develop 49 Park Inns across eleven states in India. They will be joining together to invest a total of 42 million dollars to develop the first two hotels which will be Park Inn by Radisson Gurgaon sector 88 and Park inn by Radisson Chandigarh, Mohali Nestech.
The executive vice president, South Asia for the Carlson Rezidor Hotel Group, KB Kachru, explained that they feel that this opportunity and partnership will be able to provide a great investment in the property market in India. The president of Asia pacific for the Carlson Rezidor Hotel Group, Simon Barlow, explained that the middle class in India is expected to grow significantly in the next ten tears and so it is likely that domestic travel will increase, as will the demand for affordable accommodation. The managing directors for Bestech Hospitalities, Dharmendra Bhandari and Sunil Satijia, agreed and said that they are proud to continue working with the company.
Park Inn by Radisson was launched nine years ago in Europe as has been a successful operation with 127 hotels now spread across 33 countries. It is a dynamic hotel but also affordable, designed to attract the Gen Y market who do tend to dominate the middle classes in India. The new hotels will be spread across eleven states in India, Uttrakhand, Uttar pradesh, Rajasthan, Punjab, Madhya pradesh, Kashmir, Jammu, Himachal Pradesh, Haryana, delhi, Chandigarh and Chattisgarh.