India Beckons: Ascott Sees High Growth Potential in Hospitality Sector

Ascott, a leading global hospitality group, is poised to significantly expand its presence in India, driven by the country's burgeoning hospitality market and increasing demand for branded accommodations. CEO Kevin Goh highlighted that India offers substantial growth opportunities due to its underserved lodging market and rising disposable incomes.

India's dynamic economic landscape, coupled with a growing middle class and improving infrastructure, positions Ascott for robust growth in the region.

 

Sources: Economic Times, Travel Daily Media, Hospitality Biz India