1. Indians taking over hotels from distressed owners in US at rock-bottom prices

    Indians taking over hotels from distressed owners in US at rock-bottom prices
    Indians taking over hotels from distressed owners in US at rock-bottom pricesEconomic TimesNEW DELHI: Don't be surprised if the owner of the hotel you check into the next time you are in the United States turns out to be an Indian entrepreneur who has little experience in the hospitality industry. Non-resident Indians, especially those with ...
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  2. Quotes

    1. It's a one-off investment for us, If a businessman keeps his money in the bank he will get about 8%-9% returns. If he buys a hotel, he will make 10%-12%.
    2. Valuations in some regions in the US are as depressed as they were in the 1930s, which makes this one of the best times to buy hotel assets here.
    3. My teenaged son is interested in hotel management, and he can get an opportunity to pursue his dream.
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