Hyatt Corp in JV with Emaar MGF to build hotels in India
Economic Times - Gurgaon, Haryana, India
NEW DELHI: US-based hotel chain operator Global Hyatt Corporation announced a 24:76 joint venture with property developer Emaar MGF for building six hotels in India by 2013. The two partners will jointly invest about Rs 1,000 crore(~$200 million) to build these hotels under the mid-market brand Hyatt Place. ...
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