An Indian hotel chain is in the midst of the biggest sales in its history.
The Tata Group, which has a total of 4,000 hotel brands, has decided to increase the volume of its supply chain by 100 per cent over the next five years, the company said in a statement.
The hotel chain, which owns two hotels in India, plans to increase its hotel sales from 3,000 rooms in 2017 to 8,000 in 2020.
The decision comes in the backdrop of an ongoing crackdown on foreign influence in the hotel industry and the country’s ongoing economic crisis.
The government has banned foreign direct investment in hotels.
The company said the plans were part of an ambitious plan to strengthen the brand-building infrastructure of hotels and expand the number of guests in Indian hotels.
“Tata Group is committed to bringing new life to the hotel sector and is working towards making India’s hotels more attractive to international guests, both by increasing the number and the quality of our hotel brands and by increasing our hotel sales,” the statement said.