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NRI Hotels- Did you know?

 

  • The Asian American Hotel Owners Association says its 8,700 members own 40% of U.S. hotel rooms and more than half in the economy category.n A
  • June 15, 2006: The Chatwals, who have backing from institutional investors, have 2,700 rooms worth a good $750 million on Wall Street and 500 more in development. Revenues this year are put at $200 million.Some, especially the boutiques branded as "Hautel Couture by Vikram Chatwal," rent rooms and suites for princely sums, up to $5,000 a night, to the glitterati.
    otel Owners Association says its 8,700 members own 40% of U.S. hotel rooms and more than half in the economy category.R