• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Chennai , Sept. 15

OF the 70 new hotel projects approved at an all-India level, 45 are in the South, Mr M. P. Purushothaman, President, South India Hotels and Restaurants Association (SIHRA), said.

To cater to the growth of the knowledge-driven industries, five new hotel projects are being developed on the Old Mahabalipuram Road in Chennai, he said.

Mr Purushothaman was speaking to newspersons after the annual general meeting of SIHRA at which he was re-elected its President. Though many hotel projects are coming up, there will be shortfall of about 4,000 hotel rooms by 2010 in the Southern region, he said.

According to a study by PricewaterhouseCoopers, India needs a minimum of 100,000 additional hotel rooms in the next five years. Mr Purushothaman said that the industry is urging the Government to sanction an increase in the floor space index for hotels, considering the shortage of space for hotels and restaurants.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Reviving monsoon brings North-West too under its footprint

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line