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Real estate major Emaar-MGF on Monday announced that it will set up a chain of 100 budget hotels in all major cities in India in collaboration with Accor, the global leader in budget hotels, reports The Financial Express. In the initial phase, about 50 hotels with an investment of USD 150 million will be constructed across all metros and B class cities. Know more... click here Go to Financials Section | Daily Extras! Eclat Me | Success Tip of the Day| 1DailyDiversion| Eclat Web - Must Visit Websites! A Beautiful Pic Every Day! Word of the Day| Quotation of the Day| Make Money! Immigration News! Desire- WOW Stuff! Stock Mkt Updates |

