Number of Hotels in NCR to double in 5 years

75 new properties in Delhi, Gurgaon, Noida, Ghaziabad and Faridabad that will increase the capacity by 2.6 times

Travel News
Travel News

Hoteliers are betting big on the NCR region as over the next five years, the world's largest hoteliers are setting up 75 new properties in Delhi, Gurgaon, Noida, Ghaziabad and Faridabad that will increase the capacity by 2.6 times.

As per a report in TOI by Saurabh Sinha & Himanshi Dhawan, it is estimated that around 20,000 rooms would be added to the existing capacity of 12,000. Once the room availability is ramped up to 32,000, five-star tariff of up to Rs 25,000 a night during peak season will fall by almost half, say industry insiders and ensure foreigners no longer flock to Bangkok, Singapore or Hong Kong as they are cheaper holiday destinations than the Capital. Among the brands that will add to the glitter of the NCR are Four Seasons, Hilton, Marriott, Hyatt, Intercontinental, Accor, Lemon Tree, Dusit Thani and Starwood.

The biggest names in the global hotel industry are looking to set up more facilities in Delhi than in other parts of NCR. Delhi will account for 41% of the new capacity, followed by Noida-Greater Noida Expressway and Gurgaon by 2015-16. Ghaziabad and Faridabad, which are yet to acquire a glamour tag, will account for barely 1% of the new hotels.

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