ITDC plans to put Delhi’s iconic Ashok Hotel on lease - Feedback

India Tourism Development Corporation (ITDC) which currently runs the Ashok Hotel is planning to lease the iconic property after Niti Aayog proposed that the hotel, located in the heart of Lutyens’ Delhi, be auctioned through a transparent bidding process.

NITI Aayog has proposed a 60-year long-term lease for Delhi’s first five-star hotel to give private players a free hand to redesign and manage the hotel and ITDC will advertise soon to appoint a consulting firm to manage hotel and ITDC will advertise soon to appoint a consulting firm to manage the process, officials familiar with matter told ET.

https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/itdc-plans-to-put-delhis-iconic-ashok-hotel-on-lease/articleshow/64406483.cms

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