TNPSC Thervupettagam

Ashok and 7 other ITDC hotels

September 1 , 2021 1110 days 705 0
  • Under the government’s target of monetising “under-utilized public sector assets”, ‘The Ashok’ 5-star hotel will be leased out to private operators in four years.
  • The Ashok and the Hotel Samrat are among eight India Tourism Development Corporation (ITDC) properties that Finance Minister Nirmala Sitharaman listed in the National Monetisation Pipeline (NMP).

The Ashok group of hotels

  • These are the flagship hotel chain under ITDC, having a brand value developed in last 40-50 years.
  • These hotels been the centre stage for all government events that are organised by various ministries and public sector entities.

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