Delhi Hotels

A 5 star Delhi Hotel, The Radisson Delhi, promoted by A B group, is investing around Rs 800 crore over the next four years for opening eight more hotels in the country under the brands of Radisson, Park Plaza and Country Inn.

"We are currently operating two of the Radisson hotels in India in Delhi and Varanasi. We have now plans for eight new hotels under Carlson Group's Radisson, Park Plaza and Country Inn brands at an investment of Rs 800 crore," Radisson Hotel Delhi Managing Director R Kapur told PTI.

He said the new hotels would come up at Bhubaneshwar, Chilka Lake, Hyderabad, Konark, Puri, Paradip, Vishakhapatnam, and Kakinada and the investment would come from the company's internal accrual and debt.

"We have currently an inventory of 400 rooms in our two existing hotels. With the new hotels in place, our inventory would reach a figure of 1,000," Kapur added.

The hotels at Bhubaneshwar, Hyderabad and Kakinada would come under the Radisson brand (5-star) and the other five would be of Park Plaza (mid-premium) and Country Inn (mid-economy) brands.

The company is also undertaking a Rs 100-crore renovation of the existing Radisson in Delhi and repositioning it in the 5-star deluxe segment as 'Radisson Plaza'.

This means that other Delhi Hotels will have a tough time to attract customers. With The Radisson brand going from strength to strength, it won't be long before they have covered the whole of India under their belt.