DIAL releases list of successful bidders

Written by fe Bureau | New Delhi | Updated: Mar 31 2009, 05:45am hrs
Hotel developers and operators like Accor, InterGlobe Hotels, Lemon Tree, Bird Group and Hyatt (Saraf Hotels) have emerged as successful bidders for developing six properties in the hospitality district of the Indira Gandhi International Airport. The district is being developed by the Delhi International Airport Pvt Ltd (DIAL), a consortium led by the GMR Group.

The project will have a total capacity of 2,000 rooms and will see a mix of five star, four star and three star hotels. Despite the economic slowdown hitting the hospitality industry hard, the process received around 60 bids from various hospitality players and developers. According to a company spokesperson, the total commercial area in the airport complex is around 45 acres. However, the land size that will be leased for the hotel project could not be ascertained.

The hospitality district will also house convention centres, restaurants and commercial plazas within the hotel premises to cater to the needs of passengers and airlines. The national capital is staring at a huge shortage of hotel rooms in the wake of the Commonwealth Games, scheduled in New Delhi in October 2010.

We cant talk about all the rooms, but we will try to ready some before the Games, a company spokesperson said. Ankur Bhatia, executive director of the Bird Group, which has emerged as one of the winners, told FE that the company hopes to finish the five-star hotel in the airport complex by the end of next year. He, however, refused to share any investment figures. Spread over 1.7 acres, the property will have 200 rooms and will be christened Dusit Thani or Dusit D2. The Bird Group has a joint venture with Thailands Dusit International for its four upcoming hotel properties.