The $500 million Kanoos Group will invest Rs 200 crore in hospitality projects in Kerala and Tamil Nadu in the next two years. Group chairman K S Khader Pillai said that the group was planning to set up four-star hotels in Kochi and Thiruvananthapuram in Kerala and Coimbatore in Tamil Nadu.
The group expected that the projects could be completed in two years. While places were identified in Kochi and Coimbatore for the hotels, land was being looked for the Thiruvananthapuram project. The group is already running a hotel at Palakkad and the latest addition is Kanoos Residency at the East Nada in Guruvayur.
source: New India Press