Asansol-Durgapur Subdivision was recorded as the most promising area in West Bengal. Due to its strong development in the coal and steel industry, the region has gained great recognition in recent years. If we focus on Asansol, the city has become India's fastest-growing 11th city, and in fact it ranks 42nd among the 100 fastest growing cities in the world. Some of Asansol's steel, coal and rail industries have grown to become India's 39th largest city group. Well-known industries in Asansol are Chittaranjan Locomotive Works, Indian Railways, IISCO Steel Works, Eastern Coalfields and Hindustan Cables.
Today, almost all companies of all sizes are established in Asansol, one of which is hospitality. Recently, due to the growing demand for industry and professionalism, companies and government officials traveled frequently around the city. Because of this, many elite hotels have emerged in industrial cities, and the Asansol International Hotel in GT Road East in Murgansol is the dominant hotel for corporate and VIP guests. Other hotels include Hotel Parbati International, which is close to Parbati Shopping Arcade in Ashram More, Ispat International in Burnpur Road, Sormistha Residency in Vivekananda Sarani and Ambassador Retreat in GT Road.
In addition, Asansol has become a famous tourist attraction because people visit the Bardhaman area and its vicinity, such as Mython and Shantiniketan, choose Asansol as their hub because of the availability of all types of art hotels and accommodation facilities. In order to meet the budget of the traveler, all grades and star hotels of Asansol, to name a few, we must mention the Chatterjee International of Rambandhutalaw, the Citi Residenci of National Road 2, the Royal Hotel and Prakash International are located at Bastin Bazar Baker Ali Lane , Sri Niketan at Mallik Para, Avantika Lodging Pvt. GT Road and RL Palace have more services.
The hotel in Asansol is operating almost all year round. Companies and government officials visit all year round, while tourists visit the place mainly during festivals. The latest survey also shows that with the strategic growth of the city's steel and coal economy, other ancillary businesses, including retail, hotels and restaurants, will be further stimulated in the coming days.