Vasu

The Domina Hotel Group, Italy’s largest hotel and resort operator has shown its interests in investing in Indian hospitality sector and it will start operations in India in the next two years.

The group is targeting tier-I and tier-II cities and will bring in its three-, four- and five-star brands – Domina Inn, Domina Hotel and Domina Prestige. It plans to build 30 properties in India in the next five years.

“We are targeting tier-I and tier-II cities such as Kolkata, Chennai, Hyderabad, Bangalore, Lucknow, Chandigarh, Ludhiana, Ahmedabad, Pune, Shantigarh and Indore. We are evaluating several opportunities in these destinations with regard to new development and existing hotels,” said Francois Droulers, vice-president, director development and acquisitions, Domina Hotel Group.

“We have a firm belief that the Domina Hotel Group would be successful in India as in all other 15 countries we operate,” added Gopika Mohla, country director, development and acquisitions, Domina Hotel India. ---Source: Business Standard

so, We can say that Indian hotel Industry's future is bright even when many domestic players are hesitating from signing big cheques for hotel projects because of High property prices and rising interest rates.

manpreet

Wow, It great to see the progress of India. Specially when such reputed international body as 'The Domina Hotel Group' shows interests in India. Growth of hospitality sector is an indicator of growth in many other sectors may it be tourism or any business aspect, these developments are making our country an International Focal Point. I am now able to imagine the new face of INDIA as well as its brigttttt future ahead.