Bombay Dyeing to set up 2 hotels in Mumbai

Nusli Wadia-promoted Bombay Dyeing is foraying into hospitality with two hotels at Worli and Dadar in Mumbai.

The company is in talks with Starwood Hotels & Resorts, for its brands like Sheraton, W Hotels and St Regis.

Sources familiar with the development say Bombay Dyeing is also talking to Peninsula Hotels, which runs seven luxury hotels in the world. The Peninsula Hong Kong is considered the world's most luxurious hotel.

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