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International hotel chains bet big on India market

New Delhi :
As the number of middle-income families going on domestic vacations and business travellers on a tight budget keeps rising, international hoteliers are rushing in to capture the mid-market segment bridging the gap between luxury and budget hotels in India.


The concept of mid-market hotels is relatively new to India. Industry experts say there exists a whole range of tourists between the budget travellers and the well-heeled.
 Source http://profit.ndtv.com/news/corporates/article-international-hotel-chains-bet-big-on-india-market-297704