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Leela to invest Rs 100 cr to upgrade Goa property

30 Mar 2011 Evaluate

Hotel Leelaventure will invest Rs 100 crore to upgrade its property in Goa this year and is looking to expand presence in India by opening new company-owned properties and taking up management contracts. Currently, the company operates seven luxury hotel properties in Mumbai, Bangalore, Udaipur, Goa, Kovalam (Kerala), New Delhi and Gurgaon.

At Goa, the company is  increasing the number of rooms from 186 at present to 206. New restaurants are being added along with special spa and healthcare facilities. The rooms are being torn up and will be re-done to give them a new look.Besides, the company is also upgrading another hotel in Kerala next fiscal.

All the hotels are owned and managed by the company except the one in Gurgaon, which is under a management contract.Another property in Chennai will soon come up and the company is building new hotels in Agra, Hyderabad, Lake Ashtamudi in Kerala and have plans for Jaipur as well.crackcrack

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