Dawnay Day To Announce A $100-Million Hospitality Fund For India

Thu, 06/01/2006 - 01:27 — Sahad P V

UK's Dawnay Day International is setting up a $100 million fund in India to invest in the hospitality sector. Peter Klimt, chief executive, Dawnay Day International, is visiting India on June 1 to announce the company's plans for India. The India specific fund will do acquisitions and buyouts in the hospitality industry.