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See Growth In Markets With No Fresh Supply: Rajeev Kaul

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December 27: Occupancies have been stable in North Mumbai, so it could see a rebuilding of rates, says Rajeev Kaul, President at Hotel Leela Venture. However, there is unlikely to be an increase in rates in Delhi-NCR as there is fresh inventories there, he says. Kaul is also planning to ramp up occupancy in Leela Palace Chennai and open Leela Palace Jaipur in 2014.