Indian Hotels Update

Follow Prabhjot Bedi on Twitter The country's top operator and owner of the Taj chain of hotels is straddling a dual strategy of tapping budget travellers as well as well-heeled tourists with luxury resorts and palaces.


Indian Hotels on Tuesday reported a 43 percent rise in quarterly net profit to 879.9 million rupees, helped by a 30 percent rise in average room rates in the top cities. Revenue per available room rose by up to 45 percent, Bickson said.

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