The investment adds approximately 1,000 keys to an existing inventory of 2,300. The Group is targeting close to 20 management contracts over the next few years, supporting its asset-light growth strategy. The planned expansion will be funded through internal accruals and savings, reflecting the Group’s financial prudence and the significant reduction in interest costs achieved over the past two years, said a release.The investment adds approximately 1,000 keys to an existing inventory of 2,300. The Group is targeting close to 20 management contracts over the next few years, supporting its asset-light growth strategy. The planned expansion will be funded through internal accruals and savings, reflecting the Group’s financial prudence and the significant reduction in interest costs achieved over the past two years, said a release.