Citrus Hotels & Resorts, part of Mirah Hospitality, will invest around US$128 billion (INR600 crore) in the next two-three years to double its number of hotels to 15 and increase the room offering to 1,500. The mid-market hospitality chain has also identified some hotel properties in Chennai and Gurgaon for buy-outs, Om Goenka, Chairman and Managing Director of Mirah, told the Economic Times. The company has seven operational properties with 450 rooms in Goa, Alleppey, Pimpri (near Pune), Mahableshwar and Sriperembudur (near Chennai). The new properties for which land has already been acquired and paid for will come up at Thekkadi, Kerala, two jungle resorts at Tadoba near Nagpur, Alibaug, Jodhpur, Thane, Lower Parel and Bandra in Mumbai. Citrus will continue to focus on business and leisure travellers.
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