The hospitality industry will 
see more inflow of funds as Taj Group of Hotels will invest about Rs.10 billion for developing four hotels in Bangalore. Sumit Guha, Vice President-Development, Indian Hotels, owners of the Taj Hotels chain expressed his views as “We will invest around Rs.10 billion for building four hotels in Bangalore, of which two are already under construction, while the ones in Devanahalli and Yashwantpur will take three years to complete”. Beyond domestic presence, the Group is also foraying into overseas market in Maldives, Mauritius, Colombo, Boston and Sydney. The company has also expressed interest in modernisation of Delhi airport and to build a hotel in the national capital.
For Complete IIPM Article, Click on IIPM Article
see more inflow of funds as Taj Group of Hotels will invest about Rs.10 billion for developing four hotels in Bangalore. Sumit Guha, Vice President-Development, Indian Hotels, owners of the Taj Hotels chain expressed his views as “We will invest around Rs.10 billion for building four hotels in Bangalore, of which two are already under construction, while the ones in Devanahalli and Yashwantpur will take three years to complete”. Beyond domestic presence, the Group is also foraying into overseas market in Maldives, Mauritius, Colombo, Boston and Sydney. The company has also expressed interest in modernisation of Delhi airport and to build a hotel in the national capital.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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