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Hotel ind to be constrained in near term
With around 3,620 new hotel rooms in the branded segment expected to be operational in three years from now, the hospitality industry in Chennai is expected to be constrained in the near term, though the adverse impact is expected to be short-lived, a study by real estate services firm Jones Lang Lasalle, India said. The city, at present, has around 29 branded hotels with 4,656 rooms spread across
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