Press Trust Of India / New Delhi Nov 06, 2009, 00:12 IST
London-listed hospitality and leisure company, India Hospitality Corporation, will set up a new hotel in Bangalore next year, and is close to raising Rs 1,000 crore for expansion of its hotel business.
“In 12-18 months, we will be focusing on expanding our hotel business in Tier-II cities. We will be opening a new hotel in Bangalore by July 2010,” IHC Managing Director Ravi Deol said.
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