Unison to set up 5-star hotels at a cost of Rs 2,000 crores
Unison Hotels, promoters of The Grand in Delhi plan to invest over Rs.2,000 crores to set up eight five-star hotels in the country. The hotels are to be in Bangalore, Chandigarh, Chennai, Hyderabad, Kolkata, Pune, and Mumbai. This move follows growing demand for accommodation in India and high occupancy rates enjoyed by hotels.
The company has already acquired land in Hyderabad for it's proposed five-star hotel and service apartment block.
By INRnews Correspondent
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