Hyderabad

Amogh Group bags contract for running hotel in Paryatak Bhavan

Paryatak Bhavan at Greenlands in Begumpet is no re-leased to another company in Hyderabad. Photo: G. Ramakrishna.

Paryatak Bhavan at Greenlands in Begumpet is no re-leased to another company in Hyderabad. Photo: G. Ramakrishna.   | Photo Credit: G_RAMAKRISHNA

At last the government managed to find an organisation that showed interest in running a hotel from Balayogi Paryataka Bhavan in Begumpet.

After being kept vacant for over a year, the three-star hotel is likely to be reopened by Amogh Group of Hotels which bagged the contract from Andhra Pradesh Tourism Development Corporation (APTDC).

Amogh Group, which runs Yatri Nivas in Secunderabad, became the successful bidder by offering Rs. 23 lakh per month to the Andhra Pradesh Tourism Development Corporation.

15-year lease

Under the contract, Amogh has been given a 15-year lease of the building which has 84 rooms, of which 20 rooms will be reserved for the General Administration Department (GAD) for accommodating State guests. “Refurbishing works have begun and the new hotel will be thrown open in two months time,” says Andhra Pradesh Tourism Development Corporation Vice-Chairman and Managing Director Sandeep Kumar Sultania.

Earlier, Katriya Hotel and Towers was given a 25-year lease of the building in 2007 but due to various reasons which included poor occupancy, Katriya shut it down.

The Andhra Pradesh Tourism Development Corporation claims that Katriya owes over Rs. 20 crore, including lease amount and other bills.

The corporation would not hesitate to move the court to collect the money, Mr. Sultania said.

After Katriya Hotel and Towers shut down the hotel, the Andhra Pradesh Tourism Development Corporation found it difficult to locate a company to run the hotel.

Authorities had to issue tender notifications twice.

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Printable version | Apr 5, 2020 10:52:27 PM | https://www.thehindu.com/news/cities/Hyderabad/amogh-group-bags-contract-for-running-hotel-in-paryatak-bhavan/article2356168.ece

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