The company opened its 16th hotel, the Radisson Bengaluru City Center, a boutique lifestyle hotel offering 90 rooms, with an investment of Rs 80 crore.
In the current financial year, the hospitality chain has plans to establish hotel properties in Kolkata and Bhubaneswar in the east, and in Hyderabad and Chennai in the south.
India’s travel and tourism industry is growing enormously every year owing to its rich cultural and historical heritage, variety in ecology, terrains and places of natural beauty spread across the country.
The Empresa Hotel offers three world-class dining options on its premises, viz. luxury fine dine White Charcoal, a chic all-day Café & Otium Rooftop and Lounge.
This acquisition gives Sterling Holidays access to Nature Trail's land bank within drivable distance from Mumbai, Pune, Surat, Nashik and opportunity to set up new resorts in all these locations, it added.