"To begin with, the company's growth was dominantly in northern states, but for the last two years we have been foraying into the south market, in order to get Pan-India tag. We are focusing on all southern states and as much as 30 per cent of our inventory now is in the south," group's CEO (South Asia) Raj Rana told PTI here.
He said the company would have a total of 170 hotels under operation and development in the country in next three years.
The company had opened Radisson Blu Atria here recently. "This is our third hotel in the city and altogether now we have six in Karnataka," he said.
He further said corporate business was their niche market as it brought higher average rates. But it was equally strong in leisure and particularly focused on religious destinations.
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The company was having hotels in 60 cities, including 16 state capitals, and the strength of its growth had been the 'trust' the hotel owners had in them, Rana said.
"We typically follow a sort of hub and spokes strategy to expand base," he said. The hub and spokes strategy is where the company first forays into unexplored market and then expands in other cities of the state, he explained.
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