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DIMAPUR — A ‘lease agreement’ signed between Hotel Polo Towers Group and Department of Tourism, Government of Nagaland, is all set to boost tourism in the state.
The agreement, earlier inked on September 13 in Kohima, encompasses the development of a 5-star hotel with a mall in Dimapur and a 5-star hotel in Kohima. The projects include 200 plus extravagant rooms across both hotels, an update stated.
The approximate direct and indirect investment in these projects is estimated to be INR 150 cr.
Both projects will be released under a public-private partnership (PPP) model and will operate on a design, build, maintain, operate, manage, and transfer (DBMOMT) basis.
[bsa_pro_ad_space id=1]“The Dimapur facility will feature top-of-the-line accommodations, multiple dining venues, entertainment centers, and retail shops, thereby positioning itself as a complete lifestyle destination.
“The Kohima project will focus on providing an unparalleled 'luxury hotel experience to serve both business and leisure travellers. These landmark projects are set to elevate the tourism and economic landscape of Nagaland,” it stated.
The expected timeline for the completion of the project is three to four years.
Speaking on the agreement Deval Tibrewalla, CEO and Director of Hotel Polo Towers Group, said, "It's an honor to partner with the Tourism Department of the Government of Nagaland. These initiatives will not only boost the hospitality sector but also contribute to job creation and local economic growth. This move aligns with our vision of having a hotel in every major city of the Northeast.”
Keduosie-ü M Rio, Director of Tourism Department, Government of Nagaland, stated, "This agreement is a cornerstone in the path to advance Nagaland's tourism sector. We are excited to work closely with the Hotel Polo Towers Group as they have deep experience in hospitality in the north east. We look forward to extending all support to bring these ambitious projects to fruition."
Being the largest hospitality group in the Northeast, Hotel Polo Towers Group has a strong presence in the region with a reputation of creating and nurturing destinations, the update stated.
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