Budget hotel plans for India, Indonesia
Rising spending by domestic travellers in India,Indonesia prompts hoteliers to build budget, mid-scale hotels

Rising spending by domestic travellers in India and Indonesia is prompting international hoteliers to build budget and mid-scale brands in the world's second and fourth largest populations.
Here is a pipeline of hotels proposed by international operators in the two countries.
* InterContinental Hotels Group
* Accor
* Marriott
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* Hyatt
* Carlson Reizdor Group, owner of the Radisson, Park Plaza and Park Inn chain of hotels, plans to have 49 mid-scale Park Inn hotels in India by 2024, due to start opening in 2014/15.
* Starwood Hotels
* Louvre Hotel, owned by an affiliate of Starwood Capital Group, is in talks with local Indonesian developers to roll out 20 of its Premiere Classe budget hotels.
* Premier Inn owner Whitbread
* Indonesian property firm Intiland Development
* French-owned, Indonesia-based Tauzia has two budget "pop!" hotels, with another 30 hotels being developed.
* Indonesia-based Southeast Asian hotel firm Aston International plans 29 budget "fave" hotels across Indonesia.
* Ginger, run by the Tata Group's Indian Hotels Company
* India's Lemon Tree, backed by private equity firm Warburg Pincus, has 18 hotels with plans for eight more in two years; Keys Hotels, funded by US billionaire Nicholas Berggruen, has 12 mid-scale hotels and plans for another 30 in five years.
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First Published: Jun 15 2012 | 3:43 AM IST
