Berggruen Holdings, a New York-based private investment company, which is setting up a series of three- and four-star hotels under its arm Berggruen Hotels, will invest over Rs 1,000 crore in India till 2012. This quantum will be funded through a debt-equity ratio of 2:1. The company has tied up with IDFC for a loan […]
Tag: Hoteliers
Sant Singh Chatwal Enters Indian Hospitality Industry
January 28, 2008 – 5:18 am
The most successful Indian hoteliers in US, Sant Singh Chatwal, has plans for hotels in India. He plans to invest 5 thousand crore to build 27 hotels. According to Mr. Chatwal, south India will be the best investment option for hotel establishment. Hence he plans to invest a major portion of total investment, that is […]
