In hotels news, global hospitality player Wyndham Hotel Group has announced a major expansion of their already vast hotel offerings. According to the news, the group intends opening some 80 hotels on the sub-continent within the next five years. The moves, reportedly achieved via acquisitions, partnerships, and building, will make Wyndham one of India’s biggest competitors in rooms.
Where growth in the hotel business is concerned, the Asia hospitality sector is overdue for even more spiraling expansion. Believe it or not, China and India are the most underdeveloped hotel markets in the world outside the US, according to a report from STR Global. Accordingly, there are over 100,000 rooms under construction in China and 30,000 in India.