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After establishing its foot print in the Indian retail sector with Lifestyle, Max and Home Centre brands, Landmark is seriously eyeing the hospitality pie. Ravi Saxena, managing director, Citymax Hotels, told DNA Money: “The chain will be positioned in the three-star category. The room rates will be upwards of Rs 2,000. The hotels will be launched in different phases wherein around a dozen properties will get operational in phase I. We have already negotiated real estate deals for half-a-dozen projects and the first Citymax hotel will launch towards the latter half of 2008.” know more... click here Other Stories on New-Builds Section
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