The Bajaj Group of Hotels, branded under Le Sutra Hospitality, is planning to invest Rs 300-500 core to open hotels and restaurants across the country over the next 3-5 years.
“We will invest around Rs 100 crore per hotel while the investment for the restaurants may differ from city to city,” Sandeep Reddy, group general manager, Bajaj Group of Hotels.
The company would open its second hotel under Le Sutra at Dehradun with an investment of Rs 80-90 crore. The boutique hotel will have 114 rooms and would be completed by 2012.
Another 80-room capacity boutique hotel would come up at Goa
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