Leela Hotels To Invest Rs.2,500 Cr. In Five Hotels

Leela Hotels, Palaces and Resorts is planning to invest about Rs.2,500 crore in launching five properties across India by 2012, reported the PTI quoting the Group's Head-Corporate Communications, Mithu Basu. He said that the group already owns five hotels and resorts in India during the inauguration of its Udaipur property.

Basu said that the Group would build hotels in Delhi and Chennai by 2010 and in Hyderabad, Pune and Agra by 2012. Currently, the Group has 1,600 rooms including its Udaipur property and would be raising 1000 more rooms in the proposed five hotels by 2012.

The Group is also planning to focus in leisure segment and introduce schemes to draw the visitors. The hotels in Goa, Kovalam and Udaipur fall under leisure segment.

by RTTNews Staff Writer

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