ITC Hotels plan to invest Rs 328 crore in Vizag
Hospitality firm ITC Hotels has announced the construction of a hotel in Andhra Pradesh's Vishakhapatnam. The firm would invest Rs 328 crore in the hotel that would feature 200 keys and is expected to be completed by 2029.
The firm manages two hotels in Visakhapatnam under the Management Contracts, including Welcomhotel Devee Grand Bay, which has 104 keys, and Fortune in Sree Kanya (through a wholly owned subsidiary) with 68 keys.
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