India next big market for leisure real estate

Over 100 representatives from India's hospitality, real estate and travel industry attended the daylong event, which deliberated on trends in leisure real estate or non-hotel holiday accommodation facilities and opportunities for Indian industry.
Referring to the growing middle class in India, May said, "With growing disposable incomes and aspirations and the enormous tourism potential in India, the time could not be better for the industry to launch new leisure real estate models that will meet the needs of the evolving consumer."