Hotel Leela is upbeat on its new launch in Chennai. Rajiv Kaul president of Leela hotels says its corporate debt restructuring is on track and the group will deliver on all its commitments.
“We are very excited. We finally have the Leela Palace, Chennai. It will be open its doors in three weeks from now. This is Chennai’s first sea facing hotel. So, we have got rooms that are overlooking the Bay of Bengal as well as the Adyar river. It’s a Leela Palace property, a 338 key hotel. We should be able to welcome our first guests by the middle of December. The CDR is in place, so we have an arrangement. We now have to move forward and make sure that all the elements that we have agreed upon fall in place.” adds Kaul Also read: US, EU slowdown impact hotel sector: Hotel LeelaDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!