Guwahati to get first 5 star hotel

The Guwahati Metropolitan Development Authority (GMDA) today signed an MoU with Dharampal Satyapal (DS) Group to set up the first five star hotel in Guwahati. The hotel will be set up in an area measuring 27 bighas at Gotanagar by the NH-37. The first phase of the hotel will be completed within 24 months during which Rs. 100 crore will be invested. In the first phase, the hotel will have 200 rooms with 5 Star facility with all modern amenities expected by any business or leisure traveler, with ultramodern communication system in each room, a multi-cuisine restaurant for 100 persons, a coffee shop for 100 persons, a bar for 40-50 persons, a meeting room for 25-50 persons, a large convention hall which can take 500 persons and which can also be converted into two smaller convention halls. The convention hall will have state-of-the-art business communication facilities. It will also include a health club, a wellness center, a swimming pool and a shopping arcade for tourist essentials, etc. The hotel is expected to make the city a preferred destination for international convention for international conventions and functions. This will also give impetus to tourism, which has enormous potential in the North East. With an anticipated increase in various events, the plan for expanding the facilities in the hotel over and above the current plans is likely to be taken up in the second phase. DS Group has all ready made an agreement in principle with Carlson Hotels Asia Pacific for their five-star brand, RADISSON, which will be operating the facility under a specific management agreement contract with DS Group. In the joint venture, the GMDA will get benefits like Rs. 25 lakh per annum as fixed amount with escalation of 15 percent after five years, Rs. 14.4 lakh per year from preferential debentures, and Rs. 84 lakh per annum ad dividend from the equity share of 7.47 percent of the total capital of Rs. 100 crore from third year onwards. The Rs. 1,200 crore Dharampal Satyapal Group (DS Group) is India’s leading diversified conglomerate renowned for its commitment towards innovating premium quality products and services.