Fortune Park Hotels Limited, ITC's wholly owned subsidary, on Wednesday launched the launch of its 29th property, 130-room the Fortune Park JP Celestial, in the city.
The hotel, owned by the the JP Group and now managed by Fortune Park Hotel, is a contemporary business hotel that offers state-of-art- conference and banquet facilities, Pawan Verma, Senior Executive Vice President, ITC Ltd-Hotels Division told reporters here on Wednesday.
This is the third Fortune Property in Bangalore and fourth one in Karnataka, he said.
Currently, out of the 29 operational hotels, 14 are in the south, he said.
Fortune, whose properties are all management-contract run, except for a sole owned property, proposes to construct two hotels of its own with a total investment of Rs 100 crore.
"We plan to have our hotel in Bangalore and Coimbatore", he said, adding that they will be subranded under Fortune Select.
"This calendar year we have opened four hotels- Lavassa, Manipal, Jaipur and Bangalore and later this month we will open a hotel in Mussorie", he said.
There were also plans to open hotels later this year in Gnadhinagar, Goa, a second property in Hyderabad and a third property in Mumbai
Friday, June 5, 2009
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