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Pacifica Companies India, founded a non-resident Indian, is set to build its second five-star hotel in Ahmedabad, Gujarat, India even as construction for the 1st one is about to start.

The second 5 hotel will be constructed with an estimated investment of Rs.1.five-two billion along the Sarkhej-Gandhinagar High way on the western fringe of Ahmedabad, Gujarat, India. The SG Highway, as it is much better identified, is the new corporate address of the city.

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

Under the sale guidelines it has been especially laid down that the home can be used only for tourism related project although earlier there had been indications that Pacifica could construct a mall there.

Pacifica organizations hotel portfolio presently includes more than 30 properties situated 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, Best Western, Holiday Inn, DoubleTree, Clarion, Hilton and Radisson.

Pacificas first hotel project in Ahmedabad, Gujarat, India is a 5-star organization class hotel in association with the Marriott International lodging business. With 160-plus rooms, it will be the biggest 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 locations, 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 an additional 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 stated.

Pacifica has practically $2 billion in assets. Pacifica Hosts Inc., the hotel management arm of Pacifica Businesses, at present manages more than 30 hotels of various sizes, the biggest getting a 600-room hotel at the Los Angeles International Airport. here advertiser return to site