Indian Hotels faces stiff competition for Taj Mansingh

Players who have purchased tender bid documents are being given time to visit the hotel from Monday

Indian Hotels Company Ltd (IHCL)’s re-entry into its crown property, Taj Mansingh, may not be smooth though the company is gearing up for aggressive bidding in the New Delhi Municipal Council (NDMC) auction next month.  A number of established hotel companies — ITC, Oberoi and Marriott — are jumping into the fray for this 294-room iconic property in Lutyens’ Delhi. 

SoftBank-backed Oyo, a budget-hotel aggregator with 70,000 rooms, is seeking clarification from the NDMC on eligibility norms (that says only luxury chains can bid).

Players who have purchased tender bid documents are being given time to visit the hotel from