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Thursday, April 7, 2011 - 05:30 IST
InterContinental Signs Joint Venture Pact With Duet India Hotels
BY Reuters
InterContinental will make a multi-year investment of $30 million in the jv, to have a 24 percent equity stake.
InterContinental Hotels Group, the world's top hotelier, signed a joint venture partnership with Duet India Hotels Group to develop its Holiday Inn Express brand in the Indian market.
InterContinental will make a multi-year investment of $30 million in...
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