Tuesday, March 6, 2007

Serviced Apartments

Serviced Apartments in India

In India Serviced Apartments are being built by few Hotel Company’s as an addition to the Hotels. Taj’s Wellington Mews and Ascot’s Savoy Suites are an example of this. US-based Hilton Hotels Corporation and India's DLF Ltd have decided to promote a 26::74 joint venture to develop and own 75 hotels and serviced apartments in India over next seven years. The initial stage of the joint venture will involve 20 hotels in a number of key locations including Chandigarh, Chennai, and Kolkata.

“DLF partners with Hilton to promote hotel chain”, 1 December 2006, ET

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