French hotel chain Louvre Hotels, the world's eighth-largest hotel group, has announced plans to penetrate the budget hotel segment in India.

Oliver Derycke, vice-president of international operations at Louvre Hotels, said that the group will be bringing in its one- and two-star brands, Premiere Classe and Campanile, respectively, to the top ten cities in the country in the medium-term.

The group already has a few projects in India and aims to have at least 50 properties within the next three years. 

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