Published On:August 25 2014
Story Viewed 1649 Times
Donald Trump plans 30 hotels globally by 2020.
Trump Hotel Collection, the wholly-owned hotel management company of the US real estate billionaire Donald Trump, plans to have 30 hotels globally by 2020 and India will be a major contributor towards this tally.
'Post the recent elections, we are seeing a return of investors looking particularly towards luxury hotel projects,' Shafi Syed, vice-president of development and acquisitions, Trump Hotel Collection, told ET.
In India, the luxury hotel brand will target gateway cities like Mumbai, Delhi, Bangalore and Goa and is having discussions with builders who are looking to develop mixed-use projects that have a luxury hotel as well as branded real estate for sale.
'There's no hospitality brand that has the strength to deliver success in both real estate and hospitality like Trump,' said Syed.
The Trump Hotel Collection owns some of its hotel properties globally. However, the luxury brand will focus on management contracts as a route to expand in the country.
ET