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IHCL to invest Rs.2,100 crore by 2011

Friday, 15 Aug 2008
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Indian Hotels Co (IHCL) plans to invest Rs.2,100 crore to add 5,900 rooms in the next three years.

Of the total investment, the company will invest Rs.1,500 crore to add about 1,900 rooms in the five-star and luxury category, and Rs.600 crore to add around 4,000 rooms in the premium and budget segments.

Also See:

IHCL plans 16 hotels by 2009 (26-Jun-08)

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