Pride Hotels plans to acquire five star properties in London

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Ahmedabad, Oct 25 (UNI) The Pride Group of Hotels is now focussing more on its Biznotel brand and also negotiating to acquire three five star properties in London, Delhi and Mumbai, as part of their expansion plan.

Pride sources said here that we will have ten hotels under five star luxury categories by 2015. Continuing the expansion plans in the year 2009, the Group plans to add 150 rooms at Pune and Nagpur.

Pride Hotels in Ahmedabad added 60 rooms to its existing 110 room five star category thereby making it one of the largest five star hotel in Gujarat. The Group's expansion cum renovation plan of Rs 750 crores which met from internal generations and term loans from banks and financial institutions, sources added.

The group also decided to add total 15 properties under Pride Biznotel (business hotel) in the cities of Nashik, Mysore, Indore, Coimbatore, Raipur, Madurai and Goa.

The Pride Group of Hotels has its five star hotel in the city of Ahmedabad, Pune, Nagpur, Chennai and Plans to launch in Bangalore and Jaipur by the end of this year.


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