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)