The company operates in India offering five brands -- Sleep Inn, Comfort Inn, Quality Inn, Clarion and Ascend Collection, he added.
In reply to a question, Pawar said: "The hotels will be under Comfort Inn, Quality Inn and Clarion brands."
On the investments that the company plans to make for the expansion, Pawar said: "As we follow the franchise model we don't invest in the property. We invest in our distribution platforms, in our systems that deliver values and in training."
The investments primarily go into making our brand visible and on brand promotion, he added.
On being asked the segment that the company targets, Pawar said the company is present in the mainly mid-scale segment.
"Going forward, we see great opportunities in India and we see great opportunities in the mid-scale segment," he added.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)