Sahara to set up Radisson Hotel in Lucknow
Sahara group promoted Sahara India Club Royale Corporation Ltd today said it has entered into an agreement with Carlson Hotels Worldwide for setting up a Radisson Hotel at Sahara City, Lucknow at a cost of Rs 100 crore.
By PTI |
NEW DELHI: Sahara group promoted Sahara India Club Royale Corporation Ltd today said it has entered into an agreement with Carlson Hotels Worldwide for setting up a Radisson Hotel at Sahara City, Lucknow at a cost of Rs 100 crore.
Under the licensing agreement, Sahara would manage Carlson's property in Lucknow -- Radisson Hotel Lucknow Sahara City Homes - expected to be operational by first quarter of 2010, Sahara and Radisson said in a joint statement.
The hotel would operate under license from US-based Radisson Hotels International, a fully-owned subsidiary of Carlson Hotels Worldwide.
The hotel would be spread across an area of 3.68 acres and would house 135 rooms and 15 service apartments.
Under the licensing agreement, Sahara would manage Carlson's property in Lucknow -- Radisson Hotel Lucknow Sahara City Homes - expected to be operational by first quarter of 2010, Sahara and Radisson said in a joint statement.
The hotel would operate under license from US-based Radisson Hotels International, a fully-owned subsidiary of Carlson Hotels Worldwide.
The hotel would be spread across an area of 3.68 acres and would house 135 rooms and 15 service apartments.
Start a SIP with as low as ₹500 with ET Money App!
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
