United Mercantile plans Rs.1,800 cr expansion
Tiles

United Mercantile plans Rs.1,800 cr expansion

United Mercantile and Wyndham have tied up to develop 35 Howard Johnson Hotels in India. The company at present is working on four business models for expansion and will be investing Rs 1,800 crore.

It plans to open 20 properties of which six will be owned, 10 will be JVs while the rest four will be long lease models.

United Mercantile and Wyndham have tied up to develop 35 Howard Johnson Hotels in India. The company at present is working on four business models for expansion and will be investing Rs 1,800 crore. It plans to open 20 properties of which six will be owned, 10 will be JVs while the rest four will be long lease models.

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram