DS Hotels to Launch Five Properties by 2012
DS Hotels & Resorts has unveiled plans to launch five properties in India by 2011-12 with an investment of Rs500 crore ($110.9m). The company intends to open two hotels and a convention centre in Kolkata, a resort in Jim Corbett National Park in Uttaranchal, and hotels in Guwahati a
DS Hotels & Resorts has unveiled plans to launch five properties in India by 2011-12 with an investment of Rs500 crore ($110.9m).
The company intends to open two hotels and a convention centre in Kolkata, a resort in Jim Corbett National Park in Uttaranchal, and hotels in Guwahati and Jaipur.
Construction work has already begun on all four properties.
The 60-room property in Uttranchal, featuring villas and cottages, will be launched by January 2011 and will be managed and owned by DS Hotels.
DS Hotels will sign a management agreement with international companies for three properties in Guwahati, Kolkata and Jaipur.
The company has signed a MoU with Guwahati Metropolitan Development Authority to set up a 250-room, five-star hotel in Guwahati, while the Jaipur property will also have 250 rooms.
New pipeline properties in Ranthambore, Shimla, Mysore, Dehradun and Goa are also planned, according to travelbizmonitor.com.
DS Hotels & Resorts is the hospitality arm of DS Group.