Guwahati to get first 5-star hotel
By A Staff Reporter
GUWAHATI, June 1 The Guwahati Metropolitan Development Authority (GMDA)
today signed an MoU with Dharampal Satyapal (DS) Group to set up the first
five star hotel in Guwahati. The hotel will be set up in an area measuring 27
bighas at Gotanagar by the NH-37.
The first phase of the hotel will be completed within 24 months during which
Rs 100 crore will be invested.
In the first phase, the hotel will have 200 rooms with 5-Star facility with
all modern amenities expected by any business or leisure traveller, with
ultra-modern communication system in each room; a multi-cuisine restaurant for
100 persons, a coffee shop for 100 persons; a bar for 40-50 persons; a meeting
room for 25-50 persons; a large convention hall which can take 500 persons and
which can also be converted into two smaller convention halls. The convention
hall will have state-of-the-art business communication facilities. It will also
include a health club, a wellness centre, a swimming pool and a shopping
arcade for tourist essentials, etc.
The hotel is expected to make the city a preferred destination for
international conventions and functions. This will also give impetus to
tourism, which has enormous potential in the North East. With an anticipated
increase in various events, the plan for expanding the facilities in the hotel
over and above the current plans is likely to be taken up in the second phase.
DS Group has already made an agreement in principle with Carlson Hotels Asia
Pacific for their five star brand RADISSON, which will be operating the
facility under a specific management agreement contract with DS Group.
In the joint venture, the GMDA will get benefits like Rs 25 lakh per annum as
fixed amount with escalation of 15 per cent after five years; Rs 14.4 lakh per
year from preferential debentures; and Rs 84 lakh per annum as dividend from
the equity share of 7.47 per cent of the total capital of Rs 100 crore from
third year onwards).
The Rs 1,200-crore Dharampal Satyapal Group (DS Group) is Indias leading
diversified conglomerate renowned for its commitment towards innovating
premium quality products and services.
---------------------------------
Sick sense of humor? Visit Yahoo! TV's Comedy with an Edge to see what's on,
when. _______________________________________________
assam mailing list
[email protected]
http://assamnet.org/mailman/listinfo/assam_assamnet.org
