Enters into a management contract with the Tashi Group
On 23 January 2008, Taj Leisure Hotels, the business unit of Taj Hotels Resorts & Palaces will launch Taj Tashi — its new property at Thimphu in Bhutan. The hotel has been developed with an investment of Rs 50 crore.
Taj has entered into a management contract with the Tashi Group to operate the property. The Tashi Group also owns the Druk Group of Hotels in Bhutan. Taj Leisure Hotels had forayed into Malaysia in 2007 and entered into a management contract with Rebak Island Marina Berhad for operating a solitary resort on the privately owned 390 acre Rebak Island.
By PT Staff | Bhutan
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