Wyndham currently has 25 hotels in Asia's third-largest economy compared to Carlson Rezidor that operates over 100 properties
Tours and travel firm Cox & Kings owned Meininger Hotels will open a hotel in Budapest, Hungary by spring of 2018.
Hotel occupancy in India surpassed 60% for the first time in four years in 2014-15, according to a report by consulting and services organisation HVS, owing to growth in tourist arrivals, improvement in sentiment regarding the economy and supply lag.
The occupancy rate grew to 60.3% during the financial year, up from 58.4% in 2013-14, as per HVS' 'Hotels in India Trends and Opportunities: 2014-15' report.
One night, 18-year-old Ritesh Agarwal was locked out of his apartment in Delhi. It was an unfortunate minor incident that was to change his life.
Forced to check into a hotel he found himself in a situation he had already experienced several times while travelling in India.
A trawl of the Paris region's 50,000 Airbnb offerings - there were only 7,000 across the whole of France in 2012 -suggests le Calvez and his colleagues have reason to worry.
A full-floor aerie on the 29th floor of the Pierre hotel, steps from Central Park and offering white-glove perks like concierge and twice-daily maid services to its co-op residents, sold to the widow of one of the founders of Liberty Travel for $22,900,000 and was the most expensive sale of the week, according to city records.
Rosewood Hotels & Resorts plans to open the Rosewood Sao Paulo in Brazil in 2018, the company's first property in South America.
The hotel, which will feature 151 guestrooms and 114 owners' suites, will be housed in a landmark complex that was formerly a maternity hospital in the center of the city.
The property will include two restaurants, a bar and a caviar lounge, two pools, a spa and a wedding chapel.
IHG, one of the world's largest hoteliers, said it would retain a management contract on the hotel which has 503 guest rooms and is situated on the Kowloon waterfront with panoramic views of Victoria Harbour.
The world's fourth-largest hotelier has been expanding in emerging markets such as Africa to counter weaker growth in Europe, which accounts for 70 percent of its revenue.
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