Quote of the Week
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“India is a key focus of our expansion efforts, in large part, because it is a market that today is relatively under-hoteled. As a point of perspective, consider that India with a population of one billion people has just 100,000 hotel rooms, while New York City alone has roughly 80,000 hotel rooms.”
Starwood’s President & CEO, Frits van Paasschen, emphasises the lack of supply in India’s hotel sector.
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