Infosys is a top IT consulting company? WRONG! In a year it will also become the largest hotel chain in India. Read this:
Infosys, an Indian software giant with 66,000 employees worldwide, has built a 500-room, in-house hotel next to its headquarters in Bangalore. By June, it expects to have 15,000 company- owned rooms across India — an eighth of all the rooms in the country and more than any Indian hotel chain.
India has a total of 110,000 hotel rooms – roughly equal to those in just New York Metropolitan area. No wonder the tourism despite all the pulls is not as strong as in the big apple..
India, a country of 1.1 billion people, to New York, a city of eight million: New York attracted 6.8 million foreign tourists in 2005; India attracted 3.9 million. Visitors to New York pumped $22.8 billion into the local economy, or about $2,850 per New York resident; visitors to India pumped in $6.7 billion, or about $6 per Indian resident.
This queer situation where the occupancies in India are at record highs.. it has become very hard to plan any visits to India metros – specifically for the corporate people. So, what Infosys is doing makes sense. IN their own guest rooms, it costs them $15, while a 3 star luxurt will cost $150. A lot of companies are big time into real estate – quite contrary to what people think…
So, these jokers from OEH and their like – beware guys – if Tatas dont get you…. Infosys might!
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