US-based hospitality major Hampshire Hotels and Resorts promoted by Indian American entrepreneur Sant Chatwal plans to launch 52 hotels in India in the next five years, under the Dream and Night brands.
About 40 Night Hotels, which is a luxurious lifestyle brand, and 12 Dream Hotels, a boutique hotel targeting the business traveler, would come up in places like Goa, Chennai, Delhi, Mumbai, Bangalore, Jaipur, Udaipur, Hyderabad and Kolkata.
The hotels, brainchild of Chatwal's son Vikram, would be managed by one of the world's largest chain of hotels, the Wyndham Group.
Sant Chatwal said his company would invest Rs 2,000 crore in these ventures — many of which would be operated on a franchisee basis.
Sant Chatwal Plans to Open 52 Hotels in India
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