Amari, the Thailand based hospitality company, has formed JV partnership with
Ten Hotels to form Amari India.
Under the new JV company, Amari plans to operate seven properties in India by
2015, both in limited service and mid-upper scale hotel segments, in metros and
tier-II cities. These properties will together have an inventory of 1,050 rooms.
The company is expected to invest $50 million (approx Rs 227.5 crore) as a
part of its overall corporate growth strategy and building brand awareness.