Ritz Carlton eyes expansion in India


BANGALORE
Ritz-Carlton Hotels, a wholly-owned subsidiary of Marriott International, is planning to expand its hotel chain with 30 more properties in the next five years. Its expansion includes at least four properties in India.

“India is not an easy market for us. It is a dynamic market and we took a long time to enter because we had to find right partners and right locations. We started working on our first property in Bangalore way back in 2007 and we will be opening the hotel on October 31,” said Bob Kharazmi, Global Officer, Worldwide Operations, Ritz Carlton Hotel Company said.

Though the company has made a late entry into the Indian hospitality sector, it plans to expand its footprint at many other locations. The company is currently constructing the second hotel at Gurgaon near Delhi, which will be ready in 2015, he told Business Standard.

Read full report here Business Standard

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