Blue Coast to invest Rs 1,500 crore in three hotels

New Delhi-based Blue Coast Hotels that owns the Park Hyatt Goa is setting up three hotels in North India. The 500-room Delhi hotel will be managed by Las Vegas-based MGM Mirage Hospitality under its two brands MGM Grand and Skylofts, while those coming up in Chandigarh and Amritsar will be managed by Starwood Hotels & Resorts under the Sheraton brand. The hotels will open in another two to three years. The new developments will entail an investment of Rs 1,300-1,500 crore. In all, the new hotels will add over 850 rooms, taking the company's total inventory to over 1,100. Contact: Blue Coast Hotels. Tel: 011-2335 8774. Fax: 011-2335 8776. Website: www.bluecoast.in