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UK's Whitbread to invest in hotels in India

Thursday, 07 Jul 2011
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UK based Whitbread plans to invest in its hotel business in India
 
The company is likely to invest Pound 75 million (approx Rs 535 crore) in India by 2020 to fund its hotels business. The company intends operate over 80 properties in the country in the next ten years. The company is likely to set up four properties at Goa, Chennai, Mumbai, Pune (Maharashtra). These properties are slated to be operational after 2013.
 
Meanwhile, the company on 5 July 2011 launched a 143-room Premier Inn in Delhi. The company already owns and runs a 'Premier Inn' hotel in Bengaluru.

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