[Assam] Guwahati to get first 5-star hotel

[Manoj Das]

good news.. brahmaputra ashok is in a mess...

On 6/2/07, Pradip Kumar Datta <pradip200 at yahoo.com> wrote:
>
> 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 14.4lakh 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 India's leading
> diversified conglomerate renowned for its commitment towards innovating
> premium quality products and services.
>
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