ITDC looks to expand presence in Delhi
ITDC is now looking to expand presence again with an additional wing proposed at Hotel Ashoka and a new property adjacent to the disinvested Qutub.
By PTI |
NEW DELHI: Public sector India Tourism Development Corporation (ITDC), whose four properties in the national Capital were sold off as part of the disinvestment process by the erstwhile BJP-led Government, is now looking to expand presence again with an additional wing proposed at Hotel Ashoka and a new property adjacent to the disinvested Qutub.
The company, which saw encouraging numbers in the first quarter of this fiscal with a net profit of Rs 3.66 crore, has chalked out plans for expansion with an eye on the expected surge in demand from the 2010 Commomwealth Games.
"We have conceptualised addition of new rooms in Delhi and have approached the NDMC with a proposal. When cleared, it will be forwarded to the Tourism Ministry," said, a senior ITDC official.
The official, who did not wish to be identified, said that ITDC was proposing to add around new 300 rooms, apart from going in for refurbishments at existing properties, including Hotel Janpath and Samrat.
"No heavy investments were made for repair and maintenance of our properties for the last seven years as there was talk of disinvestment. However, now we would not like to sell any of the properties but would rather go in for investments for refurbishing them," the official said.
Elaborating on the plans, he said a new wing was proposed for Ashoka, which would come up at the extra land around the hotel. "We are looking to add around 150-160 rooms through this expansion which could see construction of a five-storey new wing, identical in architecture to the existing property," he said.
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