Industry experts agree with Dutta’s optimism, noting that the hospitality sector is on a multi-decadal growth trajectory.
Sankhadeep Dutta
The Indian hospitality industry is experiencing an unprecedented boom, and experts are predicting this is only the beginning of a multi-year growth trajectory. Capitalizing on this momentum, Sankhadeep Dutta, a renowned serial entrepreneur, is gearing up to launch his own chain of hotels in September this year. Dutta, who has already established successful brands in the Ed-tech and food sectors, is now diversifying his business empire by venturing into the hospitality industry.
ADVERTISEMENT
In a recent announcement, Dutta revealed his plans to begin his hotel business with two properties in Manali, Himachal Pradesh. Additionally, he has set his sights on expanding into Jammu and Kashmir, where his maiden property is slated to open in the early half of next year. With a goal to open five hotels by the end of 2025, Dutta's ambitious expansion plan includes properties in some of India’s most sought-after tourist destinations-Manali, Kashmir, Goa, Amritsar, and Rajasthan.
"We are starting our hotel business in Manali this year with two properties, and we will be opening our maiden property in Jammu and Kashmir in the early half of next year," Dutta shared. "We will be focusing entirely on the domestic market, aiming to cater to the large segment of domestic and foreign travelers coming to India."
Despite the growing interest in international markets among many in the industry, Dutta has chosen to concentrate on India's domestic market. His strategic decision reflects the robust potential for growth within the country, as India continues to attract both domestic and international tourists in large numbers.
Industry experts agree with Dutta’s optimism, noting that the hospitality sector is on a multi-decadal growth trajectory. As more business entities eye opportunities in this expanding market, Dutta's entry into the hotel industry marks a significant milestone, positioning him as a key player in the future of Indian hospitality.
With his proven track record in building successful businesses, Sankhadeep Dutta's latest venture into hospitality is poised to contribute to the ongoing growth of the Indian tourism industry, while also setting new benchmarks in the sector. As the industry evolves, Dutta’s focus on quality, strategic locations, and a deep understanding of consumer needs will likely propel his hotel chain to the forefront of the Indian hospitality landscape.
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
