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It’s Raining Hotel Chains in India
The global tourism industry might have taken a severe hit amidst the financial crisis and as travelers and companies struggle with cash crunch from all ends. That does make things a little slow. But the trying times are not so difficult for India’s tourism industry it seems. The industry is emerging strong with the hotel industry topping Rs. 90,000 crores. Better still, more than half of the organized share in the market comprises five star hotels. Read More...