Air India to privatise Centaur Hotels?


DELHI 
The management of the loss-making Centaur Hotels situated in Delhi and Srinagar and run by the Hotel Corporation of India (HCI) – a public company in turn wholly owned by Air India, could soon be privatised if the aviation ministry has its way.

 Aviation minister Ajit Singh confirmed that his ministry was  considering privatising the management of the two hotels.

 Officials also said that the Jammu and Kashmir government’s consent will have to be taken as the Srinagar property is currently under their lease.

 “We are also going through the operations, management and development agreement signed with Delhi International Airport Limited to see if there is no future conflict with land use near the Delhi airport,” an official said.

 Full report here Hindustan Times

Labels: , , ,