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Trump plans hotels in India as part of global expansion

MUMBAI

Trump Hotel Collection, the wholly-owned hotel management company of the US real estate billionaire Donald Trump, plans to have 30 hotels globally by 2020 and India will be a major contributor towards this tally.

“Post the recent elections, we are seeing a return of investors looking particularly towards luxury hotel projects,” Shafi Syed, vice-president of development and acquisitions, Trump Hotel Collection, told ET.

In India, the luxury hotel brand will target gateway cities like Mumbai, Delhi, Bangalore and Goa and is having discussions with builders who are looking to develop mixed-use projects that have a luxury hotel as well as branded real estate for sale.

Read more at Economic Times

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