Looking aggressively at the Indian market for expansion, the Vikram Chatwal Hotels, a division of Hampshire Hotels and Resorts, plans to open "Dream brand hotels" in various cities in the country, including Bangalore, Mumbai and New Delhi with a Rs 5,000-crore (Rs 50 billion) investment.
Sant Chatwal announced his plans of bringing Hampshire Hotels and Resorts to India. Keen on opening hotels in Punjab, he plans on a pan Indian presence.
NRI hotel entrepreneur Sant Singh Chatwal, founder-president of the $750 million Manhattan-based Hampshire Hotels and Resorts, is all set to invest $100 million in India to develop five luxury 'boutique hotels' at prime locations.
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