India needs more budget hotels, says Gateway Hotels CEO | thehindubusinessline.com

Notwithstanding the fact that a few thousands of new rooms have been added in the last two to three years, India is still a very under-supplied market, as far as hotel rooms are concerned. It is in dire need of both budget and upscale hotels, says P.K. Mohankumar, Chief Operating Officer of Gateway Hotels (of The Indian Hotels Company Ltd).