Industry Update
External Article25 August 2010

Up to 60 new hotels to be operational in 3-4 yrs: ITC

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Economic Times

Conglomerate ITC Ltd on Tuesday said it expects to have up to 60 new hotel properties operational in the next 3-4 years as it expands to tap the growing potential of the Indian hospitality sector. The company, which currently has about 40 hotels at various stages of construction, said it will start work on another 15-20 new in the next one year.

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