Sangu Chakra Hotels In Rs 400-Cr Expansion
Sangu Chakra Hotels In Rs 400-Cr Expansion
Tiruchirappalli: Hospitality service provider Sangu Chakra Hotels Pvt Ltd, popularly known as Sangam Hotels, has announced plans to expand its room inventory in Tamil Nadu with an in-vestment of Rs400 crore over the next four to five years, a senior official said on Friday.
Established in 1975, the company is celebrating its 50th anniversary in the hospitality sector. Sangam Hotels has a presence in Thanjavur, Madurai and Karaikudi. As part of its ambitious growth strategy, the company has earmarked a capital outlay of approximately Rs400 crore over the next four to five years.
Sangu Chakra Hotels Pvt Ltd managing director V Vasudevan said this investment underscores the company’s vision to expand its footprint in key markets. “We are proud to have been part of the hospitality industry for the past five decades and are celebrating our golden jubilee year.