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Indian hospitality sector investment for Ansal
By Sarah Todd
Indian real estate developer Ansal Properties and Infrastructure is to invest in the hospitality and spa sector in a new venture with Ambience Hospitality Management Pvt.
The joint project will see the construction of 30 hotels in India over the next 10 years in a variety of sectors including golf and spa-orientated hotels. Among the first properties to be built will be a palace hotel in Jodhpur, India, and a golf resort in Lucknow, both of which will be operated in the luxury segment.
Indian real estate developer Ansal Properties and Infrastructure is to invest in the hospitality and spa sector in a new venture with Ambience Hospitality Management Pvt.
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