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Centre may woo foreign developers to build hotels

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  • India is estimated to require an additional 1.5 lakh rooms all over the country by 2010. Only in Delhi, which is hosting the 2010 Commonwealth Games and expected to attract a large number of visitors during that time, the requirement is projected to be an additional 30,000 rooms, including those in the adjoining areas such as Noida, Gurgaon and Faridabad. The Government has already announced attractive incentives for the hotel sector, including five-year tax breaks for new properties coming up in Delhi and in places that have UNESCO World Heritage Sites like Hampi and Bodh Gaya.

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