Pride Hotels signs 141-key property in Indore (original) (raw)

Pride Hotels Limited on Tuesday said it has signed a 141-key property in Indore, Madhya Pradesh, under a long-term lease agreement.

The signing of Pride Plaza Indore marks the fifth Plaza Hotel after Delhi, Ahmedabad, Kolkata and Jaipur.

With this addition, Pride Plaza Indore becomes the second hotel in the city for Pride Group of Hotels.

Sureshchand Premchand Jain, Managing Director, Pride Hotels Limited, said, "While we have successfully operated several hotels under the asset-light model, this long-term lease reflects our deeper commitment to the city and the region."