Kolkata-based Rossell Tea group, in collaboration with Lemon Tree hotel chain is investing in the hospitality sector in a major way. The joint venture that owns a boutique hotel at Alleppey in Kerala is in the process of establishing a hotel in Delhi, which happens to be their third property. The company will be developing a property in Bengaluru as well and keen to expand its presence in Mumbai, Chennai and Kolkata.
Harsh M Gupta, Executive Chairman, Rossell Tea said, “The Bengaluru hotel, where we have 40 per cent, will be due for completion in June 2012. The equity pattern for each of the properties is different.”