Centre identifies five ITDC-run hotels for privatisation

ProMASS News Bureau: Feb 15, 2016:

The Centre has identified five ITDC-run hotels, including Hotel Janpath in the national capital for privatisation as part of its plan to disinvest such loss-making properties. India Tourism Development Corporation, ITDC, said in a regulatory filing in New Delhi. The decision for disinvestments of five properties has been taken in the review meeting taken by the Tourism Secretary Vinod Zutshi on February 8, 2016. Besides Hotel Janpath, other properties in which the stake will be offloaded are Hotel Patliputra Ashok; Hotel Bharatpur Ashok and property at Kosi; Hotel Donyi Polo Ashok and Hotel Pondicherry Ashok.