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India Hospitality Industry Review 2016

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The Indian hotel real estate transaction market in 2017 started off with a big bang. After a dismal 2016, the year saw its first deal close out in January – the acquisition of a majority stake in India’s foremost domestic hotel management company, Sarovar Hotels, by The Louvre Hotel Group (part of Jin Jiang International Holdings) – setting the tone for 2017 to set a new record in India’s fledgling hotel transactions’ market.
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