Starwood Hotels to launch 20 new hotels in India
The company which is the largest operator of four and five star hotels in India currently operates 33 hotels in the country under management contracts.
NEW DELHI: Starwood Hotels & Resorts plans to open 20 new hotels across all its brands by 2015. The company which is the largest operator of four and five star hotels in India currently operates 33 hotels in the country under management contracts.
Vasant Prabhu, vice chairman and chief financial officer Starwood Hotels & Resorts Worldwide, "India's economic growth and the rise of its middle class have generated a keen appetite for high-caliber global brands.We expect to accelerate the expansion of all of our brands across India, where demand for new hotels is expected to far exceed supply for the next three years."
The hotel chain also plans to launch its brands W and St. Regis in the country in the next three to four years. With the debut of the W and St. Regis brands, Starwood will fly eight of its nine brand flags in India including W, St. Regis, The Luxury Collection, Le Meridien, Westin, Sheraton, Four Points by Sheraton and Aloft.
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