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TDI Hotels inks pact with Fortune Park Hotels

Sukant Sharma 3 May 2008

Fortune Hotels & Restors Ltd

TDI Hotels and Resorts Ltd, a group company of TDI Infrastructure, has informed that the company has signed an operating, marketing and technical services agreement with Fortune Park Hotels Ltd, a subsidiary of ITC Ltd.

The agreement is to setup a 100-room Fortune Select Hotel at Sonepat close to the TDI Kundli township.

The company claims that Sonepat hotel is the first of the many planned in various cities across India. Hotels industry is set to see decent growth in revenues as the number of tourists and business travelers has increased in India. The growth in Aviation sector has also increased the frequency of travel among middle class in India.

The new hotel is expected to be operational in 24 months and will serve the needs of NCR and the fast-growing Kundli-Sonepat belt.

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