Interarch in Hospitality Sector
The Indian Hospitality Sector is witnessing one of its rare sustained growth trends. The hotel industry is inextricably linked to the tourism industry and the growth in the Indian tourism industry has fuelled the growth of Indian Hotel Industry.
In today's urban infrastructure where more population is shifting towards metros and major cities, there is a great shortage of space and it is utmost necessary to create infrastructure in limited space and within shortest possible time to have fast construction with least congestion. For hotel construction, highrise construction using steel framing system is the best suited as it is one of the fastest possible constructions and best uses of vertical spaces resulting in early revenue generation. In steel framing system, investor/owner can create any type of architectural and functional features even better than RCC. Steel can offer optimal uses of natural resources, energy efficient building, green building and also all type of functional need e.g, MEP services such as electrical, plumbing, gas line, a/c duct, fire-fighting system etc. can be easily accommodated within frame depth without any loss of space and all such type of services can be easily pre-planned and inbuilt in framing while manufacturing off-shore. Use of latest cladding/façade material and dry wall partitioning results in lower dead load on steel structure which also reduces cost of construction considerably.
In the last few years, an increase in international visitors as well as domestic travelers there has been an increase in fuelling the demand for more hotels across India. Henceforth, we have seen many international brands like Radisson, Kempinski, Marriott, Meridian, Sheraton, Hyatt, Holiday inn etc. have set up multiple hotel properties in India whereas new brands like Satinwoods, Banana tree, Hampton inns, Scandium by Hilton etc. are banking big in India to establish hotels by either tying up with domestic brands or directly.
In the last few years, an increase in international visitors as well as domestic travelers there has been an increase in fuelling the demand for more hotels across India. Henceforth, we have seen many international brands like Radisson, Kempinski, Marriott, Meridian, Sheraton, Hyatt, Holiday inn etc. have set up multiple hotel properties in India whereas new brands like Satinwoods, Banana tree, Hampton inns, Scandium by Hilton etc. are banking big in India to establish hotels by either tying up with domestic brands or directly.
NBM&CW May 2013
