DLF Hotels inks deal with Four Seasons

DLF Hotels, the hospitality arm of DLF Ltd has entered into an agreement with Four Seasons Hotels and Resorts to operate a proposed luxury hotel at DLF Golf Links in Gurgaon.

MUMBAI: DLF Hotels, the hospitality arm of DLF Ltd has entered into an agreement with Four Seasons Hotels and Resorts to operate a proposed luxury hotel at DLF Golf Links in Gurgaon.

Targeted to open by end 2010, Four Seasons Hotel Gurgaon will be located at the DLF Golf & Country Club in DLF City. The 230-room hotel will overlook Arnold Palmer Signature Golf Course, and will feature several dining options, a full feature spa, as well as facilities for meetings and functions.

DLF Hotels is well poised to achieve its target to build and own India's largest hotel assets with over 25,000 - 30,000 guest rooms in next 7-10 years, the company said a notice to BSE. In November 2006, DLF Hotels had announced its first joint venture with The Hilton Hotels to develop 60-75 business hotels throughout India.

The news, however, did little for the stock. At 2:50 PM, the share was marginally higher at Rs 595.90.
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