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NEW HOTELS | 480-bedroom MGM Grand and Skylofts New Delhi in 2014

Las Vegas, US-based MGM Hospitality has signed a definitive agreement to operate its first destination hotel in India.

The opening of the 480-bedroom MGM Grand and Skylofts New Delhi in 2014 will be part of a multiple-hotel development that the group will roll out in partnership with Silver Resort Hotel India Private Limited - a company promoted by Blue Coast Hotels Limited.

Gamal Aziz, president and CEO of MGM Hospitality, said: "Being welcomed into a new nation is always exciting, especially one with a hospitality market as dynamic as India's.

"We are fortunate to be working with a wonderful partner, Blue Coast Hotels Limited, and look forward to sharing the MGM Grand brand of luxury with both the residents of New Delhi and with the many visitors arriving to explore the wonders of India."

Aziz added that construction work on the project will begin in March 2011.