The owner of the Bombay Palace restaurant chain and Hampshire Hotels and Resorts, the management arm of the New York-headquartered Chatwal Hotels & Resorts, is in India on business.
Along with Wyndham Hotels, which has 7,200 hotels around the world, Chatwal intends to open 52 lifestyle hotels in various cities across the country in the next five years.
"And in 10 years' time, we hope to have more than a hundred hotels in India," he says.
"Chatwal manages over 3100 rooms in New York alone which is the hotel capital of the world," says Kapil Chopra, vice-president of Oberoi Hotels, who knows the hotelier well.
"New York," Chopra adds, "is one of the toughest markets in the hotel business but Chatwal has challenged a lot of norms there and made a mark."
The Chatwal group today owns and runs 15 hotels in New York, London, Bangkok and India.
Its four-star boutique hotel, The Time, is walking distance from Times Square.
Chatwal refuses to reveal his net worth. What he does reveal is that the group has already invested Rs 1,000 crore in India and plans to invest another Rs 2,000 crore to set up the chain of lifestyle hotels.
Image: US First Lady and New York senatorial candidate Hillary Clinton greets former Mayor of New York City David Dinkins(2nd Right) and Sant Singh Chatwal(Right) at an international Punjabi meeting in New York 11 July 2000.