US-based Pacifica Companies to develop another five (five) star hotel in Gujarat, India

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

The second 5 hotel will be built with an estimated investment of Rs.1.5-two billion along the Sarkhej-Gandhinagar High way on the western fringe of Ahmedabad, Gujarat, India. The SG Highway, as it is much better recognized, 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 high speed internet in orange ca be the Tourism Corporation of Gujarat Ltd(TCGL), for which Pacifica companies successfully put up a bid of Rs.240 million, a look into sky river broadband source told IANS.

Beneath the sale guidelines it has been particularly laid down that the property can be used only for tourism associated project even though earlier there had been indications that Pacifica might create a mall there.

Pacifica organizations hotel portfolio at present contains more than 30 properties positioned 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, Greatest Western, Holiday Inn, DoubleTree, Clarion, Hilton and Radisson.

Pacificas initial hotel project in Ahmedabad, Gujarat, India is a 5-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 region of western Ahmedabad adjacent to the SG Highway. The location is in close proximity to prime residential locations, retail next 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 strategy will now focus only on development of tourism in the state, sources mentioned.

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