Carlson hotels take over RHW hotel management service india

Carlson Hotels said Friday that it bought a majority stake in RHW Hotel Management Services, a major hotel management and consulting services company in India.
A course was brand management Carlson Hotels in subcontinent since 1998. Financial terms of the transaction were not disclosed.

"This acquisition is a natural progression for Carlson as we continue to grow in this key market. We now have a fully integrated organization of India, which supports our Ambition 2015 growth strategy by strengthening our position as the country's largest and fastest growing international hotel operator," said Hubert Joly, Carlson chairman and CEO.

Carlson Hotels, a unit of Minnetonka-based Carlson Cos.. Inc., 1080 hotels include Radisson, Country Inns & Suites By Carlson, Park Inn and Park Plaza brands. Its Ambition 2015 initiative include it spends $ 1500000000 to update her portfolio Radisson, Renovation of existing buildings and the introduction of Blu upscale Radisson brand.

RHW Hotel Management Services helps business acquisition because it triple the number of hotels operating in India, Adding 50 properties in the Asian market by the end of 2012. This is a two-thirds of the company intends to offer hotels in Asia Pacific region.
Carlson Hotels acquires RHW Hotel Management Services in India - Minneapolis / St. Paul Business Journal.

Indian chain of hotels facing stiff competition

Indian hotel chains, all set for the expansion drive, is likely to face stiff competition from well-known chains that have aggressive expansion of the domestic market interventions.

Analysts say a few years could go to the level of competition that could put pressure on Indian companies room' rates in the face-off with the global giants, but will still manage to grow to the growing demand for rooms in Asia' the third largest economy.

This will help stabilize rates are more and better offers. I think it's healthy for the market for more hotels to come in,"he said.

India, with a population of more than 1 billion, only about 104,000 rooms, according to government estimates. By comparison, New York City alone has more than 80,000 rooms.

Recovery in global markets and the booming domestic market has resulted in increased business and leisure travel in the country, driving up demand for hotel rooms.

Demand for hotel rooms far exceeds supply in India, which has attracted global players such as Star wood Hotels & Resorts, Marriott International, Hyatt Hotels, Inter Continental Hotels and Accor Hospitality.