Project Location : Hyderabad, Andhra Pradesh |
Lemon Tree Hotels had set up a new hotel in Hyderabad in the IT hub. It has 267 rooms and has come up with an investment of Rs. 2000 million. The hotel chain has two brands - Lemon Tree and Red Fox and has 14 properties and has plans to increase it to 20 hotels across 15 cities. The company is also planning an IPO by 2012 to finance its ambitious plans
Vizag based Daspalla, which is setting up a 110-room 4-star hotel in Hyderabad, will commence operations by year end. The hotel is coming up at a cost of Rs.270 million, of which Rs.110 million will come from promoter and the remaining from banks. The highlight of the hotel is ample parking facilities for 250 cars. The group expects to have a turnover of Rs.200 million in its first year of operations.
{backbutton}
11,950 ₹ | 4950 ₹ | 4950 ₹ | 4950 ₹ | 3950 ₹ |
Copyright © 2013 Ibis Research Information Services Pvt Ltd. All Rights Reserved.
Contact : Ibis Research Information Services Pvt Ltd., 28, Rajaji Street, NGO Colony
Guduvancherry, Chennai -603 202 Mobile : 0-97898-37940 email : ibischennai@gmail.com Privacy Policy