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Swiss-Belhotel International Swiss-Belhotel International

Swiss-Belhotel to Investigate India’s Potential

Swiss-Belhotel International announced its plans to expand into India, with a team led by Gavin Faull, president, Swiss-Belhotel International, visiting the country in the last week of May to explore opportunities for development.

Laurent Voivenel, senior vice president, operations and development, Middle East, Africa and India, Swiss-Belhotel International, stressed, "It is an exciting time to enter India.

Countrywide hotel markets are performing at an all-time high with average daily rates ranging between INR4,200 – INR7900 (USD65 – USD122) and occupancy ranging between 54 percent – 75 percent.

Hotel markets are clocking nearly 12 percent higher room revenue over 2015, which in itself witnessed nearly 11 percent higher room revenue growth over 2014."