The Tatas are set to open their first five-star hotel in Capetown in December.
The 176-room Taj Palace Hotel,currently being constructed, is located in the central business district of Cape Town and will cost about $65 million or about Rs500 million.
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The cape town hotel is the first of a number of hotels the Tata’s plan in South Africa,with one more each in Johannesburg and Durban, said the general manager of the hotel, Michael Pownall, in an interview on Tuesday.
source| http://www.livemint.com/2009/07/07144747/Tatas-set-to-open-first-fives.html