Automatrix plans 4 new hotels

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Category: Industry Overview

Automatrix Hotels Pvt Ltd is planning to invest Rs. 5000 – Rs. 5500 million to set up 4 new hotels across India. It is likely to add 830 rooms across 5 cities. Recently, the company had opened a 130 room hotel in Chennai built at a cost of Rs.900 million. It is setting up a 170 room hotel in Bangalore which will go operational by end of 2010. It plans to add 180 room hotel in Coimbatore, a 170 room hotel in Ahmedabad and a 180 room hotel in Chandigarh. It may be noted, Automatrix belongs to Starwood Hotels & Resorts Worldwide, Inc

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