India: Emerging fundamentals fuel investor interest | hotelnewsnow.com

Hotel companies looking for a market with high demand from business and leisure travelers, a growing middle class and a severe shortage of existing hotels need look no further than India. The recognition of the economic merits of tourism has been a slow progress that didn’t take hold until the mid to late 1990s, said PR Srinivas, lead, tourism, hospitality & leisure for Deloitte.