Thailand’s Dusit Intl Tie-Up with Kolkata’s Jain Group
Thailand-based hospitality company, Dusit International, announced its India foray through a tie-up with the Kolkata-based real estate company Jain Group. The tie up between the Jain Group and Dusit International will set up a new 126-room property at an investment of Rs 75-80 crore in Kolkata's
Published -
Aug 25, 2020 5:28 AM
Thailand-based hospitality company, Dusit International, announced its India foray through a tie-up with the Kolkata-based real estate company Jain Group. The tie up between the Jain Group and Dusit International will set up a new 126-room property at an investment of Rs 75-80 crore in Kolkata's New Town Rajarhat, marking another foray by the Jain Group into the hospitality sector. Slated to open in the second quarter of 2022 as part of Jain Group’s high-end residential development project, Dream One, Dusit Princess Serviced Suites Kolkata, will also be the first Dusit-branded property in India. The new five star property will aimed at the corporate traveller but will also provide an ideal base for both business and leisure travellers seeking extended stays. As part of its expansion plan in India, the Thai hospitality major is set to open three more hotels across Tier I cities in India in the next 12 months and is also poised to sign up another 4-6 properties during the period.
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