Louvre Hotels would set up 50 hotels in India

Louvre Hotels would set up 50 hotels in India by the end of 2015.

The hotel chain looking at adding 10 more by the end of this year so at the end of 2012 we will have 20 hotels operating in the country. The company to target is 50 hotels in 2015 over the preiod of 5 years.

The group was also mulling setting up hotels in Nepal, Bangladesh and Sri Lanka all through management contract by the end of 2012.