Font size: A A A A
Home > Destinations > India and South Asia > India
Related topics: India,Accommodation

India to Benefit From Rezidor - Bestech Partnership

April 4, 2012 By: Danielle Stepongzi

On April 2, Carlson Rezidor Hotel Group, one of the world’s largest hotel groups announced a partnership with Bestech Hospitalities Pvt Ltd in India.

According to Simon C. Barlow, president, Asia Pacific, Carlson Rezidor Hotel Group, “India’s middle class is expected to grow from 170 million in 2010 to close to 600 million by 2025.” Carslon Rezidor and Bestech are joining forces in response to this new and growing market that will require modern and affordable accommodation in the mid-scale hotel market.

Launched in 2003, Park Inn by Radisson is present in 33 countries, with 127 hotels currently in operation. The Park Inn by Raddison’s full service concept delivers modern essentials, bars, restaurants, and meeting and leisure facilities, is specifically designed for the Global Gen Y, who predominates India’s emerging middle class.  

Investing $42 million in the two Park Inn by Raddison hotel venture, with the goal of developing 49 more Park Inn by Radisson hotels by 2024, Bestech and Carlson Rezidor will have exclusive development and management rights.

The 11 states covered by the partnership are Chattisgarh, Chandigarh, Delhi, Haryana, Himachal Pradesh, Jammu, Kashmir, Madhya Pradesh, Punjab, Rajasthan, Uttar Pradesh and Uttrakhand.

What do you think of this $type?


About the Author

This comprehensive guide begins at Alfava Metraxis and ends at Doctor Who Magazine wins the ACE Press Award 0 Following its record breaking ABC figure earlier this year, Doctor Who Magazine had cause for further celebration at the 2014 ACE Press Awards held viagra bedeutung online apotheke at the Museum of London. This may take a second or two.

By Danielle Stepongzi | April 4, 2012
The Carlson Rezidor and Bestech joint venture will invest $42 million to develop the first two Park Inn by Raddison hotels in India.
Filed under : Accommodation, India