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OYO Hotels to invest Rs 500 cr in Uttarakhand to build hospitality ecosystem

Press Trust of India  |  New Delhi 

Hospitality firm Sunday said the company will invest Rs 500 crore in building hospitality ecosystem in to boost the tourism potential of the state.

The Hospitality firm in a statement further said it has signed a memorandum of understanding (MoU) with government and it will be expanding its chain in the region by adding over 35,000 rooms in cities, including Dehradun, Mussoorie, Rishikesh, Haridwar, Haldwani, Kashipur, Nainital, Mukteshwar, Bhawali, Bhimtal, Roorkee, Almora, Lansdowne, Binsar and Ranikhet.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, October 07 2018. 19:35 IST