For the same, the company has acquired three acres of land close to the city airport for the proposed five-star hotel which will come up under the banner of Radisson Hotel. A senior official of Assotech informed that the hotel will be called Radisson Hotel as the hotel chain has given us the franchisee.
Radisson will only offer its brand name while Assotech will make the entire investment and also be responsible for management of the hotel. According to a report in Business Standard, the official declined to comment on the investment figure for the project. The five-star hotel will consist of 200 rooms and is expected to be ready for operation within 25 months.
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