With the opening of The Lalit Chandigarh, a five star deluxe hotel by the Lalit Suri Hospitality Group, the competition in the five star category hotels in Chandigarh has further intensified.
Hoteliers mentioned that the supply and demand are not in sync, as a result the city is facing oversupply. They further mentioned since the market has not grown, the hoteliers have to concentrate on operational efficiencies to have bigger share of the existing pie.
It is worth mentioning that Chandigarh has three five star properties namely The Taj(149 rooms), JW Marriot(around 164), Mountview(156 rooms).
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