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hospitality sector, promising attractive returns and “CATERING TO EVOLVING GUEST
portfolio diversification in a rapidly expanding market. EXPECTATIONS INVOLVES A DYNAMIC

Where do you see the most potential for hotel APPROACH, PRIORITISING GUEST
development? SATISFACTION, ADAPTING TO MARKET
Primarily, tourism hotspots and popular tourist TRENDS, AND DELIVERING MEMORABLE
destinations like Goa, Kerala, Rajasthan, and the
Himalayan regions offer amazing opportunities for resort EXPERIENCES THAT RESONATE WITH
and leisure hotel developments. THE CHANGING NEEDS AND DESIRES OF
Closing on its heels, major cities like Delhi, Mumbai, TRAVELLERS. AT PANCHSHIL REALTY, WE
Bengaluru, and Chennai have a high demand for upscale CONSTANTLY EMBRACE INNOVATION AND
hotels, catering to business travellers, conferences, and
events. CURRENT TRENDS TO MEET EVOLVING
Also fast catching up are tier II and III cities – these CONSUMER DEMANDS AND MAINTAIN A
emerging urban centers witnessing economic growth COMPETITIVE EDGE.”
present opportunities for mid-scale and budget hotel
developments to cater to growing demand.
But that is not all. There are also specialised segments consultants, or hospitality groups familiar with the market
that are key focus areas. On the one hand we have niche dynamics and regulations can ease entry barriers. In
markets such as wellness resorts, eco-friendly addition, conducting in-depth market analysis, feasibility
accommodations, and heritage hotels align with evolving studies, and demand assessments help identify viable
consumer preferences while, on the other, we are locations and segments.
integrating hotels with mixed-use developments, Furthermore, flexibility to adapt to local preferences,
combining hospitality with residential, retail, and innovate service offerings, and customise experiences for
commercial spaces for diverse revenue streams. diverse guest demographics are the key to success.
And last but not the least, it is most important to adopt a
Finally, what are the mitigation strategies you are long-term approach, recognising that emerging markets
adopting to pave the way for more success? may require time to mature and generate returns on
To begin with, collaborating with local developers, investment.

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