| June 5, 2008 | |
Pune-based real estate player, Sahil Group will develop another Radisson hotel in Balewadi, Pune. Construction for the 250 room property has already started. The hotel is expected to start operations by 2011. The hotel will operate on a management contract basis. This is the third addition to Sahil Group’s hospitality portfolio, which currently includes the Sahil Sarovar Portico, Lonavala and the Radisson Resort and Spa, Alibaug.
“Unlike the first Radisson property developed by the Sahil Group in Alibaug, which is a mix of business and leisure services, the upcoming property in Pune will be a typical business hotel,” says Ajit Dharmadhikari, Executive Director, Sahil Resorts and Spa India Ltd. Commenting about the group’s expansion plans, Dharmadhikari said that the company will subsequently diversify into developing and managing their own brands through their hospitality subsidiary, Sahil Resorts and Spa India Ltd.
News Published Under: Real Estate India, Pune, Hotel Industry in India |
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