largest hotel chain, Kerala Tourism Development Corporation (KTDC),
is planning to build a three-star hotel in the heart of Chennai.
Incidentally, this will be the first KTDC property outside Kerala.
The proposed six-floor hotel, with an outlay of Rs 9 crore, will
be built on the Kerala governments property in Chennai.
managing director Dr K Elangovan: We will soon float a tender
calling for private participation for the Chennai project. Our
idea is to restrict our holdings in the project to 26 per cent.
KTDC has floated a wholly-owned subsidiary, Tourist Resorts (Kerala),
to enter into joint venture projects.
Tourist Resorts has inked joint venture deals with Taj and Oberoi
groups. While the Taj joint venture, Taj Kerala Hotels, is up and
running, work on the Oberoi project is soon to start. Along with
the Oberois, Tourist Resorts is promoting three properties in
says Tourist Resorts will not hold more than 33 per cent in any of
its joint ventures. It owns 33 per cent in Taj Kerala Hotels and
26 per cent in Oberoi Kerala Hotel. We my increase our stake to
33 per cent in Oberoi Kerala Hotel.
also planning to build a four-star hotel in Kochi at an outlay of
Rs 12 crore. Currently, KTDC has 57 properties in Kerala that
includes wayside hotels, four-star properties and heritage
an attempt to lure tourists to Kerala, has announced three
attractive tourist packages: Value Vacations, starting at Rs 3,266
(economy package linking all the budget hotels); Exclusive
Escapades (linking all four-star properties-base package for Rs
12,375); Age Halt, an ayurvedic rejuvenation package for prices
starting from Rs 24,000 and going up to Rs1.46 lakh.
revised rates are the most competitive travel plans offered by any
state in the country. This has come in the wake of Goa reducing
its package rates. However, Kerala tourism officials say the
tourist arrivals are not affected because of the 11 September
terror attacks. According to officials, the new package is to
attract domestic tourists to Kerala.
considering reopening of its beer parlours that where closed last
year. The closure of 23 beer bars has impacted its revenue by
nearly Rs 3 crore. As regards management of our properties, we
intend to outsource some of the services like hotel management
initially, says Elangovan.