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Posted: 29 May 2012 | 6:00 am
Picking up an article in one of country's business papers the hot topic was an increased trend by overseas operators who are putting up soft loans, sliver equity, funding pre-opening or marketing and other incentives.
Given the continued favorable supply and demand situation along with high room rates, chains continue to rush to the sub-continents doorstep.
In some cases the piece says now operators or start ups are forced to provide key money for signing management contracts.
For international chains sustained growth of their pipelines remains a paramount goal and given the lucrative size of India's market, it's certainly a prime target.
Just make sure you bring your checkbook.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
While we hope for the best that Phuket's new airport expansion will have some green focus, it's encouraging to view Singapore's Changi as setting a global standard.
Flying always gives me a chance to look outside the box and today a news article in SikAir's in-flight magazine caught my imagination.
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