Himachal Secures 47.1% Revenue Share in Wildflower Hall Deal

The 35-year operating licence is expected to generate around INR 2,000 crore for the state, while ownership of the hotel and its underlying assets remains with the government. The Himachal Pradesh government has secured a 47.1% share of annual gross revenue through the auction of operating and management rights for Wildflower Hall, the luxury hotel [...] The post Himachal Secures 47.1% Revenue Share in Wildflower Hall Deal appeared first on Hospitality Biz India: Latest News & Analysis.