Taj to have new business hotel in B'lore

The Taj Hotels Resorts and Palaces has entered into a licensing agreement with Naveen Hotels Pvt Ltd (NHPL) for opening a new business hotel in Bangalore.

The hotel, to be located in Yeshwantpur, is scheduled to open by April 1, 2009 and will be operated under the Taj Business Hotels brand.

The Taj has been associated with Naveen Hotels for over 25 years and are also partners in the Taj Residency, Bangalore. With new hotels in Yeshwantpur and in ITPL-Bangalore (ITPB) in Whitefield, the Taj now has two new business hotels under development in Bangalore.

Jamshed Daboo, Chief Operating Officer, Taj Business Hotels said, "Bangalore is a very important market which is presently facing a big gap in demand and supply. This move is part of the business hotel strategy to expand our reach in cities which are of importance to the business traveller."

Designed by international design consultants, the new hotel will include a commercial complex and residential blocks. Spread over a 4.5-acre plot, the hotel will be a 12-storey structure with 350 rooms.

The hotel will include three restaurants, one bar and banqueting space of about 22,000 sq ft.