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Best Western Plans 66 Hotels in India

Jan 6, 2012 8:47 AM

From Reuters
Best Western Plans 66 Hotels in India
Best Western International Inc plans to set up another 66 hotels in India over the next five years through management tie-ups with wealthy Indian investors.

The company expects to secure 90% of the total investment of about $302 million from individual investors, Sudhir Sinha, the chief operating officer of Best Western India, told reporters on Friday.

The hotel group now has 34 properties in India. Of these, 26 are operational and the rest are under construction. Click here for the full story.

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