India-EU trade pact will help boost tourism, demand for hotels, says Louvre Hotels CEO

India and the European Union's free trade agreement is set to boost travel and hospitality demand. Louvre Hotels Group sees India as its fastest-growing market. The company is investing in Sarovar Hotels, its Indian arm, to expand its presence. Sarovar aims for significant growth and plans to increase its hotel count through franchising and third-party management.