Thursday, April 27, 2017

India hospitality industry fact of the day

From the FT, highlighting yet another dimension of India's very small capital base, this time with hotel rooms,
Despite its population of 1.3bn, India has only 79,567 licensed hotel rooms — nearly the same number as Singapore, which has 63,580 but a population of 5m, according to data from the countries’ respective tourism bodies.

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