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NEWS| 5 hotel cos line up Rs 1k-cr investment near Delhi airport

Five hotel companies, which had won bids to construct hotels around the New Delhi airport, have committed to making an initial investment of over Rs 1,000 crore for the venture.




Hotel companies Accor, Interglobe, Bird Group, Lemon Tree Hotels and Saraf Hotels had won the bids for constructing 2,000 hotel rooms from the Delhi International Airport (DIAL), which is in-charge of modernising the domestic and international airports in the Capital.

The hospitality firms, which took possession of the land in the beginning of this month, will set up these hotels in an upcoming Aerocity near the airports. For instance, French hotel company Accor and its Indian partner Interglobe will be building three hotels in the Aerocity.









Source | http://economictimes.indiatimes.com

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