US-based Pacifica Businesses to develop one more five (five) star hotel in Gujarat, India

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Pacifica Companies India, founded a non-resident Indian, is set to develop its second five-star hotel in Ahmedabad, Gujarat, worth reading India even as construction for the initial one is about to begin.

The second 5 hotel will be constructed with an estimated investment of Rs.1.5-2 billion along the Sarkhej-Gandhinagar High way on the western fringe of Ahmedabad, Gujarat, India. The SG Highway, as it is better go here known, is the new corporate address of the city.

San Diego, California-based Pacifica firms was founded in 1978 by Ashok (Ash) Israni, Its new 5-star hotel in Gujarat, India will be built on land formerly owned be the Tourism Corporation of Gujarat Ltd(TCGL), for which Pacifica businesses effectively put up a bid of Rs.240 million, a supply told IANS.

Beneath the worth reading sale guidelines it has been specifically laid down that the home can be used only for tourism connected project though earlier there were indications that Pacifica could create a mall there.

Pacifica companies hotel portfolio presently contains over 30 properties located in Arizona (AZ), California (CA), Florida (FL), Texas (TX), and New York (NY). Most of the hotels have recognized brand names such as Marriott, Courtyard by Marriott, Finest Western, Holiday Inn, DoubleTree, Clarion, Hilton and Radisson.

Pacificas first hotel project in Ahmedabad, Gujarat, India is a five-star enterprise class hotel in association with the Marriott International lodging company. With 160-plus rooms, it will be the largest five-star hotel in Ahmedabad, Gujarat, India, according to Pacifica.

It is coming up in a posh satellite spot of western Ahmedabad adjacent to the SG Highway. The location is in close proximity to prime residential areas, retail outlet space and institutional space.

With the new sale, TCGL has disposed of eight of its properties in the states so far. The corporation is now focusing on the sale of one more 12 properties across the state. These include the Chorwad beach resort in Junagadh district in Saurastra.

TCGL by this approach will now focus only on development of tourism in the state, sources stated.

Pacifica has nearly $2 billion in assets. Pacifica Hosts Inc., the hotel management arm of Pacifica Firms, presently manages more than 30 hotels of numerous sizes, the biggest being a 600-area hotel at the Los Angeles International Airport.