The two hotels in Guwahati and Tezpur would be commissioned by January 2011 and May 2011 respectively. Though Madhok did not give any break─up of the investments, he said the total investment in the two hotels would be Rs 75 crore.
Sarovar Hotels and Resorts to set up two properties in Assam for Rs 75 crore
According to a report in Business Standard, Sarovar Hotels and Resorts is all set to venture into North─East with its plans to open two properties in Guwahati and Tezpur, in Assam.
The one in Guwahati would be under its 'Hometel' brand and would be a no─frill economy hotel with 70 rooms. The one in Tezpur would be under its 'Portico' brand and would be a mid─market three─star hotel with 50 rooms.
The two hotels in Guwahati and Tezpur would be commissioned by January 2011 and May 2011 respectively. Though Madhok did not give any break─up of the investments, he said the total investment in the two hotels would be Rs 75 crore.
The two hotels in Guwahati and Tezpur would be commissioned by January 2011 and May 2011 respectively. Though Madhok did not give any break─up of the investments, he said the total investment in the two hotels would be Rs 75 crore.