• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, March 15

The Bird Group, under its wholly owned subsidiary Bird Hospitality Services, on Thursday announced a tie-up with the Thailand-based, Dusit Hotels and Resorts to develop six hotels and resorts here. "We plan to develop hotels in a phased manner.

In the first phase, three properties will come up in Delhi, Goa and Rishikesh, which should be operational by 2010. In the third phase, which is likely to be completed by 2016, we should also have hotels in Hyderabad and Bangalore," the Executive Director, Bird Group, Mr Ankur Bhatia, said.

Bird Hospitality Services is to invest $200 million on the development of the first three properties, Mr Bhatia said and added that the funds would be generated through internal accruals. The Group plans to develop either four-or-five star category of hotels.

More Stories on : Alliances & Joint Ventures | Hotels

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Sun Pharma plans to spend Rs 300 cr in research

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line