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Starwood Hotels and Resorts Worldwide has planned 18 new hotels across India by the end of 2015. It will include cities like
Delhi, Mumbai, Bengaluru, Hyderabad and Jaipur
Gateway Hotels, a part of Taj Hotels and Resorts, plans to build its second hotel in Mumbai in association with Sunshine Housing Pvt Ltd.
Shristi Infrastructure Development Corporation India Ltd has tied up with Westin Hotels & Resorts, a chain of hotels owned by the US-based Starwood Hotels & Resorts Worldwide, to manage its upcoming five-star hotel at Rajarhat.
The Gateway Hotels, which now manages 25 properties across India, will add another four properties by the end of 2014. The current property, The Gateway Resort Damdama Lake Gurgaon is owned by developer Pawan Dhoot of Dhoot Infrastructure Projects and costs over Rs 100 crore.
Ahluwalia Contracts India Ltd is planning to acquire specialised construction firms. The company anticipates a 25-30 per cent growth for next five years and plans acquisitions of upto Rs 100 crore.
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.
Schneider Electric has launched the smart panel concept to ensure sustainable energy savings in public and commercial offices
Hospitality major The Leela plans to set up six more properties by 2013 in India with an aim to double the number of hotels it has.
A host of companies including Hong Kong’s Langham Hotels International (LHI), Thailand’s Amari Group, Oakwood Worldwide, Carlson Hotel Worldwide and InterContinental Hotels Group are expected to unveil new developments in India.
Indian Hotels Company, under the Taj Hotels Resorts and Palaces chain, has signed an agreement with Palm Hills Developments to run three high-end hotels in Egypt developed by the company.