The advent of various industries in West Bengal and the influx of people along with it have encouraged many hoteliers and realtors to infuse billions of rupees to cater to the burgeoning need for hotel rooms.
These realtors have stepped on the gas to change the city skyline and the state government is only too delighted to find so much investment in the state.
The Apeejay Group, which owns the Park Hotels, bagged a 3.35-acre property along Kolkata's Eastern Metropolitan Bypass for Rs.1.36 billion ($30 million) and has plans for a 300-room five star hotel in the plot.
Apart from the Apeejay group, other biggies who have planned to change the city skyline are DLF-Hilton and Bengal Shrishti Infrastructure Development Ltd.
Hotel occupancy in the recent years have increased manifold, making it extremely hard to get vacant rooms in the premium hotels without prior booking sometimes months in advance.
With the state's Left Front government's effort to spruce the tourism sector in this region the occupancy rate will only multiply in the coming years, industry experts said.
