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Sunday, November 1, 1998
ITC set to buy 5-star hotel in Bangkok
Our Corporate Bureau
Calcutta, Oct 31: ITC Ltd is acquiring a 5-star deluxe hotel in Thailand's capital, Bangkok, and will make a formal announcement to this effect soon, vice-president of the Indo-Thai Chamber of Commerce Satish Sehgal said at a press conference called by Thailand's tourism minister Pitak Intrawityanunt here on Friday.The minister was here to attend a meet on `Strategy for Partnership on Tourism' organised by the Confederation of Indian Industries. Sehgal said Indian business houses are promoting hospitality industry in Thailand, which in turn will boost the tourism sector. Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
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