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Luxury hotels shift focus to mid-market brands
With luxury and upscale hotels finding it difficult to make money, top global chains like the Marriott, Hilton, InterContinental, Starwood and Accor are betting big on mid-market brands as they aggressively expand in newer markets. More than 60% of the hotels that are coming up are in the mid-market category…
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Click here to read the full story: The Times of India