
New York-based Chatwal Hotels and Resorts LLC plans to invest USD 200 million in India to open more than 50 hotels over the next five years via franchise route.
New York-based Chatwal Hotels and Resorts LLC plans to invest USD 200 million in India to open more than 50 hotels over the next five years via franchise route.
Chatwal Hotels has given the franchise and management rights of its five-star deluxe brand ‘Dream’ and four-star brand ‘Night’ to Wyndham Hotel Group. Wyndham Hotel plans to expand them in India through the franchise model and develop them with the help of local partners.
The brand has planned two properties for Jaipur, and one Night hotel each for Hyderabad and Kochi. These properties will be unveiled over next 18 months.