Business
Taj to discontinue managing Gateway Hotel properties
New Delhi, Nov 21 : Taj Hotels on Saturday said that it has decided to discontinue its management contract for The Gateway Hotel properties in Jodhpur and Ahmedabad.
The Indian Hotels Company, the firm which owns the Taj Hotels Resorts and Palaces, said that it will continue managing the two properties as per previously agreed contractual terms until May 9, 2016.
“The Taj remains fully committed to honouring all its contractual obligations to our stakeholders during this period," said Rakhee Lalvani, associate vice president, public relations, Taj Hotels Resorts and Palaces.
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