Tuesday, 3 April 2012

Carlson Rezidor signs strategic partnership with Bestech Hospitalities

Carlson Rezidor Hotel Group announced a strategic partnership with Bestech Hospitalities Pvt Ltd (Bestech) in India. The two companies are joining forces to address the very promising mid-scale hotel market in India.

•    Carlson Rezidor and Bestech will invest USD 42 million in a joint venture to develop the first two hotels, Park Inn by Radisson Gurgaon Sector 88 and Park Inn by Radisson Chandigarh, Mohali
•    Bestech will have exclusive development rights for Park Inn by Radisson in central and north India, with the goal to develop 49 Park Inn by Radisson hotels by 2024 in north and central India


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