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TGB plans vegetarian five star hotel in Gujarat |
TGB plans vegetarian five star hotel in Gujarat
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| 2009-10-02 05:49:04 | |||
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Gujarat Global News Network, Ahmedabad Ahmedabad based The Grand Bhagwati group has drawn an ambitious expansion plan which has a five star vegetarian hotel in Surat. The announcement was made by the group on the eve of Gandhi jayanti.Narendra Somani of the group said that this is among the ten properties which are being developed by the group across India. It has worked out profit sharing model with the associate partners for the new hotels to get more out of less investment. Of these three are in Ahmedabad, Vadodara and Surat. He expects that Surat hotel will be opened by March next. The company has already invested Rs 150 crore in the Surat property which is being developed in six lakh Sq feet. The group employs 1700 people presently and expects that the number would grow to 5,000 in next few years. For news in Hindi see our Hindi daily Chaupal Chronicle
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