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Chennai is one of the fastest growing cities, with a diverse manufacturing and service sector base. It was ranked the 3rd most attractive city in India in 2010, for domestic and international investors, as per a report released by the Asian Development Bank. Due to the growth in industrial activity, the demand for hotel rooms is expected to grow by over 15% every year.

Situated, right in the Central Business District of Chennai, Spero’s latest venture, a 100 room 4 star boutique hotel is slated to open in the fourth quarter of 2014.