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  • ITC subsidiary Fortune to invest Rs130 crore in new hotels

    ITC's subsidiary hotel company Fortune, which addresses the mid-segment, has announced plans to set up its own hotels. Under its Fortune brand, the hotel chain sets up properties with local partners, offering only management and operations support. According to Pawan Verma, executive vice president of operations at ITC hotels, Fortune Park ...
    Posted to My Bangalore Blog (Weblog) by 233134 on December 31, 2007
  • Bangalore(Bengaluru) to add 6,000 hotel rooms by 2012

    Bangalore, which attracts the maximum number of business travellers in south India, is witnessing a hotel construction boom which is likely to treble the total number of premium hotel rooms and service apartments available.  The city is set to add over 3,000 rooms in the next five years in the premium category and a similar number in the the ...
    Posted to My Bangalore Blog (Weblog) by 233134 on April 25, 2007