New Airports Drive Hotel Development and Narrow Room Supply Gap
3 hours agoBusiness
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1 SourcesNavi Mumbai, India
TBNthebalanced.news
New Airports Drive Hotel Development and Narrow Room Supply Gap

The development of secondary metro airports, such as Navi Mumbai International Airport (NMIA) and Noida International Airport (NIA), is stimulating a hospitality boom. These airports are attracting hotel development, aiming to meet the growing demand for rooms and boost economic activity, particularly through MICE events. Navi Mumbai, in particular, is seeing significant investment in new hotel keys from major operators like Samhi, Radisson, Lemon Tree, Chalet, and Park, addressing a previously untapped market.

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