Press release
Leela Palaces & Resorts invests 225 million US$ in a Development Project
The total no of rooms to be made available will be further increased from 1006 to 2500. The Leela will be carrying out a complete makeover of all their present properties in Bengaluru and Mumbai. They plan on developing new properties in Udaipur, Hyderbad, Pune & Delhi.
The investment for this project will be funded by Leela through a combination of internal loan, foreign currency convertible bonds and internal accruals. Leela has further extended its agreement in the marketing & reservation front with the Kempinski Hotels in India.
Details of the Tender are as follows:
Project Location :- India
Commencement Date :- 2006
Completion Date :- 4 years
Tender Document File: Project Information
Tender Notice Type:Tender Notice
Date of Submission: 31 December 2010
For more information, please visit: http://www.tenderszeal.com/tenders.php?browseby=search&country=IN&q=Leela+Palaces&code=45210000&pid=839996
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