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NEWS| Hotel Leelaventure plans $500 million capex by FY 12

Hotel Leelaventure plans to invest $500 million to expand
its presence in key cities in the four.

It is setting up new hotels in Gurgaon, Udaipur , Cnennai, and New Delhi over the next three years apart from acquiring land in Agra and Jaipur , a top company offical
said here. "

Our room capacity will go up from 1100 to 2400 by FY 12 after the Leela Palaces, Kempinski at Udaipur, Chennai, New Delhi and Hyderabad and the Leela, Kempinski at Gurgaon and Pune become operational".

Source| ET

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