Rossell Tea in process to set up hotel in Delhi

According to a report in Business Standard, Kolkata-based Rossell Tea group, in association with Lemon Tree, is investing in the hospitality sector in a major way. The joint venture is in the process of setting up a hotel in Delhi, which happens to be the third property.

Harsh M Gupta, Executive Chairman, Rossell Tea said, "The Bengaluru hotel, where we have 40 per cent, will be due for completion in June 2012. The equity pattern for each of the properties is different." Apart from the upcoming Delhi and Bengaluru properties, the joint venture has a boutique hotel at Alleppey in Kerala. Next on the radar are, Mumbai, Chennai and Kolkata.


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