Litolier opens five-star hotel in Delhi, plans two more
New Delhi, April 17 (IANS) Mumbai-based Litolier Group, which opened a boutique hotel 'Ramada Plaza' here Friday, said it would enhance its presence in the hospitality sector by building two more five-star properties in next few years.
The group will develop two hotels in Mumbai and Goa under a joint venture with a foreign hospitality major.
'The Mumbai hotel will be on the Andheri-Kurla road near the airport,' Litolier Group director Ashok Mittal told reporters.
'We are in talks with several foreign five-star chains, but nothing is finalised yet. The land for the Goa property has already been acquired,' he added.
The group plans to build both properties under an equal-partnership agreement.
The 419-room Ramada plaza, built at a cost of over Rs.100 crore, stands where the erstwhile Ashok Yatri Niwas stood - once owned by India Tourism Development Corp (ITDC).
The property was divested by the government in May 2002 and purchased by promoters of Litolier group for Rs.45 crore.
The Ramada brand belongs to Wyndham Hotels, one of the world's largest lodging franchiser.
Read More: Ashok Nagar | Ashok Vihar Ho | Ashok Nagar Bharsawan | Sri Niwas Dham | Pindari Ashok Bo | Ashok Ashram | Niwas | Ashok Marg Ajmer Nd Tso | Andheri Deori | Srp Group Area Tso Nadiad | Andheri | Vagadiayani Andheri | Srp Group I | Kurla | Andheri Ho | Andheri Railway Station | Andheri East | Shahpura Niwas | Telco Plaza Market | Ashok Pakari
BADRISH DUTT FILED FIR ON SPOT-FIXING BEFORE HIS DEATH
May 20, 2013 at 12:45 PM
DEEPIKA NERVOUS, EXCITED BEFORE YJHD RELEASE
May 20, 2013 at 12:36 PM
Attack on newspaper office in Tripura kills 3
May 20, 2013 at 12:27 PM