Lalit Suri Hospitality Group said it would invest nearly Rs 2,200 crore for expansion in luxury and mid-segment hotels in the next five years in India and abroad.
According to reports, the company plans to have 45 properties in all by 2017, said it will have its first international hotel operational in London by 2014. The group would have a total room inventory of 3,600 rooms with 45 properties in the next five years, up from 1,796 rooms from 17 properties at present.
The group would be setting up new properties in Kolkata, Chandigarh, Ahmedabad, Amritsar, Pune and Dehradun.
To meet these expansion targets, the group would also be hiring about 1,000 people and take the total employee count to about 5,000.