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Greenfield Hotel Investments Surge to Pre-Pandemic Levels in 2024, Driven by Expansion into Tier-2 and 3 Cities

Greenfield Hotel Investments Surge to Pre-Pandemic Levels in 2024, Driven by Expansion into Tier-2 and 3 Cities

Greenfield hotel investments have rebounded to pre-pandemic levels in the first half of 2024, with hotel chains aggressively expanding into Tier-2, 3, and 4 cities, according to data from HVS Anarock. "After the pandemic, brownfield

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Royal Orchid Hotels Aims for 200 Properties by FY27, Targeting Tier-2 and Tier-3 Cities

Royal Orchid Hotels Aims for 200 Properties by FY27, Targeting Tier-2 and Tier-3 Cities

Bengaluru-based Royal Orchid Hotels Ltd has set an ambitious goal to expand its network to 200 properties by FY27, driven by the growing demand for domestic travel in India. The company is focusing on increasing

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