Fortune Hotels is eyeing equal presence within the business and leisure segments within the subsequent couple of years, stated Managing Director Samir M.C.
Inaugurating a Fortune Park in Tiruppur on Friday, he instructed The Hindu that Fortune, which has accommodations in 4 sub-brands, presently has 64 alliances and 49 operational properties. Another 20 are in lively pipeline and might be operational in one other 2-3 years, he stated. Of these, 5 might be opened this 12 months. In Tamil Nadu, other than the 4 accommodations in operation, two extra have been deliberate in Hosur and Chennai (resort).
There is a change in shopper behaviour after the COVID-19 pandemic with an elevated demand for leisure areas. Further, the thrust on tourism and enchancment in infrastructure and connectivity have led to rise in leisure travellers. Business journey can also be up, he stated.
Large cities might not see a lot progress in stock within the hospitality sector and for Fortune too, the expansion is more likely to be extra in tier-two and tier-three cities, Mr. Sameer stated.
