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What is Rise of Serviced Apartments in India about?

The document discusses the growth of the serviced apartments industry in India. It notes that as 5-star hotel prices have increased, serviced apartments which provide living facilities for longer stays at lower prices have become more popular. Major international chains have begun investing in and opening serviced apartment properties in major Indian cities. The industry is expected to continue growing as it expands to tier 2 cities and leisure destinations to meet business and tourism demand.

Author

laksh81

Language

EN