Global
Hotels in India: Short-Term Pain and Long-Term Gain?
As demand continues to outpace supply, how can travel buyers make the best deals?
Amit Garg
Head of CWT Solutions Group India -
The strength and speed of the booming Indian economy have been well documented in recent times, with growth fueled by foreign investment and off-shoring, as well as significant expansion of the domestic economy. The World Economic Forum forecasts that the Indian economy will continue to grow by between 8 percent and 10 percent in the next five years, with trade earnings reaching US$10 billion in 2007, up from US$6.5 billion in 2006.
