TAJ LUXURY HOTELS
Article Abstract:
Indian Hotels Corporation Limited (IHCL) operates 6 five-star deluxe hotels - one each in Mumbai, Calcutta, Madras and Bangalore and 2 in Delhi. It operates eight 4/5-star Taj brand first class business hotels. It also operates the President in Mumbai, the Connemara in Madras and the Ambassador in Delhi. It runs 3 resorts in Goa and 1 in Madras. It has 3 palace hotels in Jaipur and Udaipur. It has 3 garden retreats in southern India. It runs the Gateway brand budget hotels and the Manjarun in Mangalore. Abroad, it operates Taj Sheba in Yemen. It manages, along with its subsidiary, 14 hotels overseas. IHCL plans to spend Rs3 billion on expansion and new projects to add 2,000 rooms in the next 3-4 years. In June 1996, it started a 30,000-meal-per-day unit at the Sahar international airport in Mumbai to cater to the airlines. It is to develop the Faluknuma Palace in Hyderabad and a deluxe hotel near the Chettinad Palace. (gs)
Comment:
Plans to spend Rs3 bil on expansion and new projects to add 2,000 rooms in the next 3-4 years
Publication Name: Financial Express Investment Week
Subject: Business, international
ISSN: 0015-2005
Year: 1998
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EAST INDIA HOTELS
Article Abstract:
East India Hotels Ltd (EIHL), the flagship of the Oberoi group, is controlled by Mr MS Oberoi. EIH, after its merger with the Associated Group of Hotels India Ltd, has acquired the Oberoi group of hotels in Calcutta, Delhi, Darjeeling and Shimla. EIHL owns 10 hotels besides managing 4 hotels on contract. It has 3 hotels in Mumbai and 1 in Delhi. EIHL owns 5-star deluxe hotels in Calcutta, Bangalore and Bhubaneshwar. It plans to invest over Rs2.5 billion in the next 4-5 years on expansion plans and new projects. (gs)
Comment:
Plans to invest over Rs2.5 bil in the next 4-5 years on expansion plans and new projects
Publication Name: Financial Express Investment Week
Subject: Business, international
ISSN: 0015-2005
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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